103 Sunburst CirAlexandriaIN46001
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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 Alexandria at 103 Sunburst Cir, Alexandria, IN, 46001 uses $79,527 cash to close to unlock $5,749/yr annual cash flow and $479/mo monthly cash flow. Total monthly income runs $1,919/mo, and a $1,174/mo payment keeps the spread at $479/mo. Purchase price stands at $239,900, and rental yield measures 9.6% with $1,919/mo rent. Return on cash invested shows 27.14% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 141.43% and total cumulative return in cash records $112,471. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,919/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 46001, Alexandria, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,069 (100%) |
| Owner Occupied HU | 3,388 (66.8%) |
| Renter Occupied HU | 1,108 (21.9%) |
| Vacant Housing Units | 573 (11.3%) |
| Median Home Value | $178,912 |
| Average Home Value | $205,941 |
Housing Distribution
Address Breakdown
Residential
4,471
Single Family
4,461
Multi-Family
10
Businesses
216
Price History
Date | Event | Price |
|---|---|---|
| 2024-01-24 | Listed for sale | $239,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2024
- Architectural Style: Traditional
- Building Area: 1,200
- Living Area: 1,200 sqft
- Property Condition: New Construction
Features & Amenities
- Heating: Forced Air
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Attic Access
- Exterior Features: N/A
- Parking Features: Attached
Location
- City: Alexandria
- State: IN
- Subdivision: Autumn Blaze
- Lot Size: 6,098 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: Municipal/City
- Road Surface Type: N/A
School Information
- Elementary School: Alexandria Monroe Elementary School
- Middle School: N/A
- High School: N/A
What's Special
Access Only
Listed by: Natasha Harvel • Highgarden Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #21961036
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 08:48:41 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_48)