112 E Beckley StRoyal CenterIN46978
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Royal Center at 112 E Beckley St, Royal Center, IN, 46978 offers $1,561/mo rent that, after a $1,052/mo payment, leaves $271/mo cash flow. Total monthly income is $1,561/mo, and annual cash flow is $3,249/yr on $71,273 cash. Return on cash invested measures 24.47% in year one, and rental yield stands at 8.71% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 127.05% and total cumulative return in cash reaches $90,553. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,561/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46978, Royal Center, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 899 (100%) |
| Owner Occupied HU | 694 (77.2%) |
| Renter Occupied HU | 128 (14.2%) |
| Vacant Housing Units | 77 ( 8.6%) |
| Median Home Value | $170,000 |
| Average Home Value | $179,362 |
Housing Distribution
Address Breakdown
Residential
556
Single Family
556
Multi-Family
0
Businesses
40
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Listed by: Steve D Schwering • Schwering Realty
Mls Name: IRMLS
Mls ID: #202545497