10830 Grace DrIngallsIN46048
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
Investment property for sale in Ingalls at 10830 Grace Dr, Ingalls, IN, 46048 uses $79,527 cash to close to unlock $7,129/yr annual cash flow and $594/mo monthly cash flow. Total monthly income runs $2,034/mo, and a $1,174/mo payment keeps the spread at $594/mo. Purchase price stands at $239,900, and rental yield measures 10.17% with $2,034/mo rent. Return on cash invested shows 28.87% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 150.72% and total cumulative return in cash records $119,863. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,034/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 2005
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46048, Ingalls, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 759 (100%) |
| Owner Occupied HU | 603 (79.4%) |
| Renter Occupied HU | 118 (15.5%) |
| Vacant Housing Units | 38 ( 5.0%) |
| Median Home Value | $209,949 |
| Average Home Value | $246,874 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
700
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices