0 S Hutchinson AveBeverly ShoresIN46301
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Beverly Shores at 0 S Hutchinson Ave, Beverly Shores, IN, 46301 earns $802/mo cash flow from $1,576/mo rent with a $631/mo payment. Total monthly income totals $1,576/mo, and annual cash flow totals $9,624/yr on $42,764 capital. ROI tracks 42.41% on current figures, and rental yield reads 14.66% at a $129,000 purchase. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 over five years. Five-year ROI reaches 223.37% and total cumulative return in cash sums $95,521. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,576/mo property income instead of your personal income.
Lot
Built in N/A
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46301, Beverly Shores, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 489 (100%) |
| Owner Occupied HU | 278 (56.9%) |
| Renter Occupied HU | 32 ( 6.5%) |
| Vacant Housing Units | 179 (36.6%) |
| Median Home Value | $555,804 |
| Average Home Value | $600,225 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
48
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Listed by: Diana Swets • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #523977
Disclaimer: Copyright 2024 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.