100 Lakeview DrMilanIN47031
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Milan at 100 Lakeview Dr, Milan, IN, 47031 with 5% annual appreciation on a $204,800 basis while $1,432/mo rent supports operations. Total monthly income totals $1,432/mo and a $1,002/mo payment preserves $203/mo for cash returns. Annual cash flow comes to $2,436/yr on $67,891 deployed, and return on cash invested reaches 23.5% in year one. Equity gained on principal adds $1,322/yr, and five-year appreciation sums $56,582 alongside rental yield of 8.39%. Five-year ROI measures 121.91% and total cumulative return in cash totals $82,767.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,432/mo property income versus a $1,002/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
3,354 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47031, Milan, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,060 (100%) |
| Owner Occupied HU | 1,566 (76.0%) |
| Renter Occupied HU | 341 (16.6%) |
| Vacant Housing Units | 153 ( 7.4%) |
| Median Home Value | $240,502 |
| Average Home Value | $322,182 |
Housing Distribution
Address Breakdown
Residential
1,831
Single Family
1,746
Multi-Family
85
Businesses
100
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices