10801 Fenton Cv, Roanoke, IN, 46783 | $394/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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10801 Fenton Cv, Roanoke, IN, 46783 | $394/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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3526 E 850th Rd N, Roanoke, IN, 46783

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 Roanoke at 10801 Fenton Cv, Roanoke, IN, 46783 uses $120,964 cash to close to unlock $4,723/yr annual cash flow and $394/mo monthly cash flow. Total monthly income runs $2,584/mo, and a $1,786/mo payment keeps the spread at $394/mo. Purchase price stands at $364,900, and rental yield measures 8.5% with $2,584/mo rent. Return on cash invested shows 23.81% in year one, and 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 123.54% and total cumulative return in cash records $149,436. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,584/mo property income covering a $1,786/mo payment rather than investor’s personal income.

Single Family

Built in 2019

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Check out this stunning, move-in-ready home in the Southwest Allen County School District! Located at the end of a quiet cul-de-sac, this is the home that you have been looking for! Split floor plan with 4 bedrooms, although one of the bedrooms can easily be transitioned to a secondary living space or large den area. Open floor plan with large island and a cozy gas log fireplace. Amazing 3-season room with epoxy flooring allows you to enjoy the outdoors throughout the year. Step outside to a true retreatan outdoor kitchen, gas fire pit, and paver patio create the ultimate entertaining space. Practical updates include leaf guards on gutters as well as an oversized 2-car garage with epoxy flooring. Dont miss this rare opportunity to own a beautifully maintained home with modern amenities, a private setting, and curb appeal that shines.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46783, Roanoke, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,103 (100%)
Owner Occupied HU	2,612 (84.2%)
Renter Occupied HU	312 (10.1%)
Vacant Housing Units	179 ( 5.8%)
Median Home Value	$312,289
Average Home Value	$349,443