1020 N Lake Shore DrCulverIN46511
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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 Culver at 1020 N Lake Shore Dr, Culver, IN, 46511 listed at $415,000 pairs $2,129/mo rent with a $2,031/mo payment. Total monthly income runs $2,129/mo. Return on cash invested measures 16.75% in year one, and rental yield registers 6.16% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 85.7% and total cumulative return in cash totals $117,897. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,129/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46511, Culver, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,586 (100%) |
| Owner Occupied HU | 1,377 (53.2%) |
| Renter Occupied HU | 351 (13.6%) |
| Vacant Housing Units | 858 (33.2%) |
| Median Home Value | $281,641 |
| Average Home Value | $400,922 |
Housing Distribution
Address Breakdown
Residential
2,267
Single Family
2,185
Multi-Family
82
Businesses
144
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