1020 N 700 ERochesterIN46975
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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 Rochester at 1020 N 700 E, Rochester, IN, 46975 offers a 10.33% rental yield on a $128,400 purchase with $1,105/mo rent. Total monthly income registers $1,105/mo, and a $628/mo payment leaves $335/mo available for distribution. Annual cash flow reaches $4,016/yr on $42,565 to close, and return on cash invested stands at 29.34% in year one. Equity gained on principal adds $829/yr while 5% annual appreciation supports $35,475 over five years. Portfolio math shows five-year ROI at 153.24% and total cumulative return in cash at $65,224. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,105/mo property income against a $628/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
40.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46975, Rochester, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,778 (100%) |
| Owner Occupied HU | 4,464 (65.9%) |
| Renter Occupied HU | 1,433 (21.1%) |
| Vacant Housing Units | 881 (13.0%) |
| Median Home Value | $209,010 |
| Average Home Value | $245,757 |
Housing Distribution
Address Breakdown
Residential
6,117
Single Family
6,067
Multi-Family
50
Businesses
519
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