11423 Marion Center RdHoaglandIN46745
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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 Hoagland at 11423 Marion Center Rd, Hoagland, IN, 46745 generates $1,386/mo in rent and, after a $857/mo payment, leaves $335/mo in cash flow. Total monthly income is $1,386/mo, and annual cash flow is $4,020/yr on $58,013 invested. Return on cash invested sits at 26.84% in year one, and rental yield is 9.5% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 139.86% and total cumulative return in cash sums $81,139. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,386/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
2.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46745, Hoagland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 703 (100%) |
| Owner Occupied HU | 631 (89.8%) |
| Renter Occupied HU | 57 ( 8.1%) |
| Vacant Housing Units | 15 ( 2.1%) |
| Median Home Value | $312,105 |
| Average Home Value | $309,604 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
701
Multi-Family
19
Businesses
41
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Listed by: Richard J Fletcher • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509916
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.