11100 E 300th Rd NGrovertownIN46531
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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
Total monthly income runs $0/mo, and a $1,908/mo payment. Purchase price stands at $389,900, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -1.82% in year one, and 5% annual appreciation builds toward $107,722 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 1997
3.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46531, Grovertown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 523 (79.2%) |
| Renter Occupied HU | 74 (11.2%) |
| Vacant Housing Units | 63 ( 9.5%) |
| Median Home Value | $207,341 |
| Average Home Value | $232,323 |
Housing Distribution
Address Breakdown
Residential
581
Single Family
581
Multi-Family
0
Businesses
15
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Listed by: Morgan R Katzenberger • Main Street Real Estate Co. LLC
Mls Name: IRMLS
Mls ID: #202538127