106 Winding DrAlexandriaIN46001
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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
Rental property for sale in Alexandria at 106 Winding Dr, Alexandria, IN, 46001 priced at $215,000 pairs $1,591/mo rent with $301/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,591/mo, and annual cash flow comes to $3,609/yr on $71,273 invested. Return on cash invested is 24.97% in year one, and rental yield stands at 8.88% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 129.76% and total cumulative return in cash reaches $92,485. For financing, Ziffy Mortgage’s DSCR program evaluates $1,591/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.26 Acres lot
$N/A/sqft
No HOA
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
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Listed by: Alyssa Richey • Miles Realty Group
Mls Name: IRMLS
Mls ID: #202528017