111 Sunset DrAvillaIN46710
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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 Avilla at 111 Sunset Dr, Avilla, IN, 46710 priced at $328,900 converts $1,200/mo rent into after a $1,610/mo obligation. Total monthly income equals $1,200/mo. Return on cash invested prints 11.38% in year one, and rental yield reads 4.38% against a $328,900 entry. Equity gained on principal adds $2,122/yr, while 5% annual appreciation compiles into $90,869 by year five. Five-year ROI reaches 56.89% and total cumulative return in cash sums $62,029. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,200/mo property income covering a $1,610/mo payment, not borrower’s personal income.
Single Family
Built in 2024
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46710, Avilla, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,877 (100%) |
| Owner Occupied HU | 1,417 (75.5%) |
| Renter Occupied HU | 376 (20.0%) |
| Vacant Housing Units | 84 ( 4.5%) |
| Median Home Value | $223,583 |
| Average Home Value | $252,929 |
Housing Distribution
Address Breakdown
Residential
1,680
Single Family
1,628
Multi-Family
52
Businesses
114
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Listed by: Anita Hess • Weichert Realtors - Hoosier Heartland
Mls Name: IRMLS
Mls Provider:
Mls ID: #202538185
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.