10686 N Division Rd, Fountaintown, IN, 46130 | 2.98% Rental Yield

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10686 N Division Rd, Fountaintown, IN, 46130 | 2.98% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fountaintown at 10686 N Division Rd, Fountaintown, IN, 46130 listed at $580,000 pairs $1,440/mo rent with a $2,839/mo payment. Total monthly income runs $1,440/mo. Return on cash invested measures 7.22% in year one, and rental yield registers 2.98% at a $580,000 basis. Equity gained on principal adds $3,743/yr, and annual property appreciation at 5% supports $160,243 by year five. Five-year ROI tracks 34.54% and total cumulative return in cash totals $65,901. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $2,839/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1994

5 Acres lot

$N/A/sqft

No HOA

More details about the property

This attractive custom home is Nestled on 5 acres in Fountaintown and offers an opportunity to embrace a life of comfort and tranquility. 2 story entry opens to living room, dining room and staircase to second level. If you work from home or wish to have your own gym- this home has a beautiful space w/views to the front, custom wood ceiling and full glass French door. The open family room and kitchen occupy most of the back of the home and includes cozy gas fireplace, built in display shelving and entrance to the screened in patio & newly finished back deck. Kitchen includes center island, new double ovens, cook top and an abundance of cabinets including pantry cabinet & wine cabinet. This home has a floorplan that flows from room to room allowing you to enjoy your guest and family events. All bedrooms are located on second level as well as the conveniently located laundry room w/separate wash sink and hanging space. The 2 car attached garage is 677 sq ft w/work bench, new gas wall heater and service door. If you are wanting animals or just need space to tinker, check out the 2,400 sq ft barn w/part concrete and part dirt, sep electric and water. Space to build stalls, store hay and includes a tack room and bunk house. 2 10' over head doors plus sliding doors and 40'x15' lean to on the east end. Check this one soon!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46130, Fountaintown, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	982 (100%)
Owner Occupied HU	822 (83.7%)
Renter Occupied HU	132 (13.4%)
Vacant Housing Units	28 ( 2.9%)
Median Home Value	$282,246
Average Home Value	$313,887