11497 N Biscayne LnCromwellIN46732
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 Cromwell at 11497 N Biscayne Ln, Cromwell, IN, 46732 listed at $384,900 pairs $3,168/mo rent with a $1,884/mo payment to leave $857/mo cash flow. Total monthly income runs $3,168/mo, and annual cash flow reaches $10,289/yr on $127,594 cash to close. Return on cash invested measures 27.97% in year one, and rental yield registers 9.88% at a $384,900 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,341 by year five. Five-year ROI tracks 145.85% and total cumulative return in cash totals $186,099. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,168/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46732, Cromwell, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 828 (60.8%) |
| Renter Occupied HU | 313 (23.0%) |
| Vacant Housing Units | 221 (16.2%) |
| Median Home Value | $197,222 |
| Average Home Value | $259,263 |
Housing Distribution
Address Breakdown
Residential
1,098
Single Family
1,098
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices