109 S Maple StArgosIN46501
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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 Argos at 109 S Maple St, Argos, IN, 46501 priced at $153,200 pairs $1,631/mo rent with $687/mo cash flow after a $750/mo payment. Total monthly income equals $1,631/mo, and annual cash flow comes to $8,250/yr on $50,786 invested. Return on cash invested is 36.15% in year one, and rental yield stands at 12.78% on a $153,200 basis. Equity gained on principal adds $989/yr, and 5% annual appreciation accumulates to $42,326 by year five. Five-year ROI measures 189.96% and total cumulative return in cash reaches $96,471. For financing, Ziffy Mortgage’s DSCR program evaluates $1,631/mo property income against a $750/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46501, Argos, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 1,108 (72.7%) |
| Renter Occupied HU | 297 (19.5%) |
| Vacant Housing Units | 120 ( 7.9%) |
| Median Home Value | $179,118 |
| Average Home Value | $215,512 |
Housing Distribution
Address Breakdown
Residential
1,520
Single Family
1,498
Multi-Family
22
Businesses
90
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