104 Perlican DrCiceroIN46034
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
Rental property for sale in Cicero at 104 Perlican Dr, Cicero, IN, 46034 offers $2,346/mo rent that, after a $1,688/mo payment, leaves $276/mo cash flow. Total monthly income is $2,346/mo, and annual cash flow is $3,309/yr on $114,334 cash. Return on cash invested measures 22.8% in year one, and rental yield stands at 8.16% at a $344,900 entry. Equity gained on principal adds $2,226/yr while 5% annual appreciation compounds into $95,290 by year five. Five-year ROI records 118.11% and total cumulative return in cash reaches $135,045. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,346/mo property income versus a $1,688/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46034, Cicero, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,424 (100%) |
| Owner Occupied HU | 2,743 (80.1%) |
| Renter Occupied HU | 503 (14.7%) |
| Vacant Housing Units | 178 ( 5.2%) |
| Median Home Value | $480,619 |
| Average Home Value | $488,950 |
Housing Distribution
Address Breakdown
Residential
2,991
Single Family
2,991
Multi-Family
0
Businesses
204
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