113 Tanglewood DrSharpsvilleIN46068
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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
Investment property for sale in Sharpsville at 113 Tanglewood Dr, Sharpsville, IN, 46068 with 5% annual appreciation on a $184,600 basis while $1,663/mo rent supports operations. Total monthly income totals $1,663/mo and a $904/mo payment preserves $554/mo for cash returns. Annual cash flow comes to $6,653/yr on $61,195 deployed, and return on cash invested reaches 30.78% in year one. Equity gained on principal adds $1,191/yr, and five-year appreciation sums $51,002 alongside rental yield of 10.81%. Five-year ROI measures 160.93% and total cumulative return in cash totals $98,481.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,663/mo property income versus a $904/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46068, Sharpsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,055 (100%) |
| Owner Occupied HU | 890 (84.4%) |
| Renter Occupied HU | 91 ( 8.6%) |
| Vacant Housing Units | 74 ( 7.0%) |
| Median Home Value | $201,325 |
| Average Home Value | $216,837 |
Housing Distribution
Address Breakdown
Residential
904
Single Family
904
Multi-Family
0
Businesses
31
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Listed by: Pam F Maloney • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202435904
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.