10610 S 400 WRomneyIN47981
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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
Total monthly income runs $2,017/mo, and a $2,080/mo payment. Purchase price stands at $424,900, and rental yield measures 5.7% with $2,017/mo rent. Return on cash invested shows 15.36% in year one, and 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 78.24% and total cumulative return in cash records $110,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,017/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1901
3.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47981, Romney, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 313 (100%) |
| Owner Occupied HU | 266 (85.0%) |
| Renter Occupied HU | 36 (11.5%) |
| Vacant Housing Units | 11 ( 3.5%) |
| Median Home Value | $334,746 |
| Average Home Value | $347,556 |
Housing Distribution
Address Breakdown
Residential
276
Single Family
276
Multi-Family
0
Businesses
17
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Listed by: Ashley Milakis Spencer • Raeco Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510269
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.