109 N Depot StRolling PrairieIN46371
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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
Rental property for sale in Rolling Prairie at 109 N Depot St, Rolling Prairie, IN, 46371 priced at $199,500 pairs $1,308/mo rent with $111/mo cash flow after a $976/mo payment. Total monthly income equals $1,308/mo, and annual cash flow comes to $1,331/yr on $66,134 invested. Return on cash invested is 21.92% in year one, and rental yield stands at 7.87% on a $199,500 basis. Equity gained on principal adds $1,287/yr, and 5% annual appreciation accumulates to $55,118 by year five. Five-year ROI measures 113.38% and total cumulative return in cash reaches $74,983. For financing, Ziffy Mortgage’s DSCR program evaluates $1,308/mo property income against a $976/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
9,121 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46371, Rolling Prairie, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,628 (100%) |
| Owner Occupied HU | 1,287 (79.1%) |
| Renter Occupied HU | 127 ( 7.8%) |
| Vacant Housing Units | 214 (13.1%) |
| Median Home Value | $291,705 |
| Average Home Value | $332,247 |
Housing Distribution
Address Breakdown
Residential
1,373
Single Family
1,373
Multi-Family
0
Businesses
73
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Listed by: Gene Eigenmann • LaPorte County Realty, Inc.
Mls Name: NIRA
Mls ID: #826603