1008 S Main StLigonierIN46767
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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 Ligonier at 1008 S Main St, Ligonier, IN, 46767 earns $282/mo cash flow from $1,201/mo rent with a $715/mo payment. Total monthly income totals $1,201/mo, and annual cash flow totals $3,379/yr on $48,399 capital. ROI tracks 26.89% on current figures, and rental yield reads 9.87% at a $146,000 purchase. Equity gained on principal adds $942/yr, and 5% annual appreciation supports $40,337 over five years. Five-year ROI reaches 140.48% and total cumulative return in cash sums $67,990. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,201/mo property income instead of your personal income.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46767, Ligonier, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,129 (100%) |
| Owner Occupied HU | 2,054 (65.6%) |
| Renter Occupied HU | 787 (25.2%) |
| Vacant Housing Units | 288 ( 9.2%) |
| Median Home Value | $234,753 |
| Average Home Value | $277,471 |
Housing Distribution
Address Breakdown
Residential
2,897
Single Family
2,811
Multi-Family
86
Businesses
222
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Listed by: Andrea Gates • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525203
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.