10085 Bridge StMetamoraIN47030
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 Metamora at 10085 Bridge St, Metamora, IN, 47030 uses $52,709 cash to close to unlock $2,157/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $1,134/mo, and a $778/mo payment keeps the spread at $180/mo. Purchase price stands at $159,000, and rental yield measures 8.56% with $1,134/mo rent. Return on cash invested shows 24% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 124.56% and total cumulative return in cash records $65,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,134/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1975
361.55 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47030, Metamora, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 642 (100%) |
| Owner Occupied HU | 490 (76.3%) |
| Renter Occupied HU | 70 (10.9%) |
| Vacant Housing Units | 82 (12.8%) |
| Median Home Value | $229,167 |
| Average Home Value | $286,449 |
Housing Distribution
Address Breakdown
Residential
546
Single Family
546
Multi-Family
0
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices