112 N Yale StMentoneIN46539
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
Investment property for sale in Mentone at 112 N Yale St, Mentone, IN, 46539 offers a 16.19% rental yield on a $125,000 purchase with $1,686/mo rent. Total monthly income registers $1,686/mo, and a $612/mo payment leaves $935/mo available for distribution. Annual cash flow reaches $11,226/yr on $41,438 to close, and return on cash invested stands at 47% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 247.93% and total cumulative return in cash at $102,737. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,686/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46539, Mentone, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,014 (100%) |
| Owner Occupied HU | 711 (70.1%) |
| Renter Occupied HU | 184 (18.1%) |
| Vacant Housing Units | 119 (11.7%) |
| Median Home Value | $178,879 |
| Average Home Value | $248,822 |
Housing Distribution
Address Breakdown
Residential
738
Single Family
717
Multi-Family
21
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Owens • Patton Hall Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522192
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.