11522 Nobles Chapel RdElberfeldIN47613
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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 Elberfeld at 11522 Nobles Chapel Rd, Elberfeld, IN, 47613 uses $84,533 cash to close to unlock $5,704/yr annual cash flow and $475/mo monthly cash flow. Total monthly income runs $2,006/mo, and a $1,248/mo payment keeps the spread at $475/mo. Purchase price stands at $255,000, and rental yield measures 9.44% with $2,006/mo rent. Return on cash invested shows 26.66% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 138.81% and total cumulative return in cash records $117,344. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,006/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47613, Elberfeld, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,085 (100%) |
| Owner Occupied HU | 910 (83.9%) |
| Renter Occupied HU | 112 (10.3%) |
| Vacant Housing Units | 63 ( 5.8%) |
| Median Home Value | $314,000 |
| Average Home Value | $320,706 |
Housing Distribution
Address Breakdown
Residential
1,057
Single Family
1,057
Multi-Family
0
Businesses
59
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