1006 Heather RdgAngolaIN46703
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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 Angola at 1006 Heather Rdg, Angola, IN, 46703 listed at $367,000 pairs $3,268/mo rent with a $1,796/mo payment to leave $1,065/mo cash flow. Total monthly income runs $3,268/mo, and annual cash flow reaches $12,783/yr on $121,661 cash to close. Return on cash invested measures 30.42% in year one, and rental yield registers 10.69% at a $367,000 basis. Equity gained on principal adds $2,368/yr, and annual property appreciation at 5% supports $101,395 by year five. Five-year ROI tracks 158.96% and total cumulative return in cash totals $193,391. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,268/mo property income relative to a $1,796/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46703, Angola, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,798 (100%) |
| Owner Occupied HU | 5,429 (55.4%) |
| Renter Occupied HU | 2,052 (20.9%) |
| Vacant Housing Units | 2,317 (23.6%) |
| Median Home Value | $272,006 |
| Average Home Value | $345,110 |
Housing Distribution
Address Breakdown
Residential
7,691
Single Family
7,223
Multi-Family
468
Businesses
858
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Listed by: Anthony Isa • RE/MAX Results - Angola office
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522744
Disclaimer: 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.