100 N Delaware LnLa FontaineIN46940
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
Rental property for sale in La Fontaine at 100 N Delaware Ln, La Fontaine, IN, 46940 offers $2,117/mo rent that, after a $1,317/mo payment, leaves $502/mo cash flow. Total monthly income is $2,117/mo, and annual cash flow is $6,022/yr on $89,174 cash. Return on cash invested measures 26.66% in year one, and rental yield stands at 9.44% at a $269,000 entry. Equity gained on principal adds $1,736/yr while 5% annual appreciation compounds into $74,320 by year five. Five-year ROI records 138.81% and total cumulative return in cash reaches $123,779. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,117/mo property income versus a $1,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46940, La Fontaine, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,145 (100%) |
| Owner Occupied HU | 847 (74.0%) |
| Renter Occupied HU | 172 (15.0%) |
| Vacant Housing Units | 126 (11.0%) |
| Median Home Value | $202,446 |
| Average Home Value | $244,976 |
Housing Distribution
Address Breakdown
Residential
934
Single Family
926
Multi-Family
8
Businesses
29
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Nearby investment properties with comparable prices
Listed by: Steve Fields • Five Star Real Estate Group
Mls Name: IRMLS
Mls ID: #202538954