10960 N Birdie CtSyracuseIN46567
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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 Syracuse at 10960 N Birdie Ct, Syracuse, IN, 46567 generates $2,381/mo in rent and, after a $1,691/mo payment, leaves $286/mo in cash flow. Total monthly income is $2,381/mo, and annual cash flow is $3,435/yr on $114,533 invested. Return on cash invested sits at 22.91% in year one, and rental yield is 8.27% on a $345,500 entry. Equity gained on principal adds $2,229/yr, while 5% annual appreciation builds toward $95,455 over five years. Five-year ROI reaches 118.79% and total cumulative return in cash sums $136,049. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,381/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.39 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46567, Syracuse, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,038 (100%) |
| Owner Occupied HU | 3,136 (51.9%) |
| Renter Occupied HU | 872 (14.4%) |
| Vacant Housing Units | 2,030 (33.6%) |
| Median Home Value | $317,585 |
| Average Home Value | $442,306 |
Housing Distribution
Address Breakdown
Residential
5,356
Single Family
5,308
Multi-Family
48
Businesses
364
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Listed by: Kay Young • ERA Crossroads
Mls Name: IRMLS
Mls Provider:
Mls ID: #202424635
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.