10906 18th RdArgosIN46501
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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
Investment property for sale in Argos at 10906 18th Rd, Argos, IN, 46501 earns $757/mo cash flow from $1,945/mo rent with a $969/mo payment. Total monthly income totals $1,945/mo, and annual cash flow totals $9,079/yr on $65,637 capital. ROI tracks 33.74% on current figures, and rental yield reads 11.79% at a $198,000 purchase. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,704 over five years. Five-year ROI reaches 176.8% and total cumulative return in cash sums $116,044. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,945/mo property income instead of your personal income.
Single Family
Built in 1875
2.22 Acres 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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Listed by: Derek Morgan • Unreal Estate LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202442914
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.