11547 Castle DrPlymouthIN46563
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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 Plymouth at 11547 Castle Dr, Plymouth, IN, 46563 offers a 8.44% rental yield on a $395,500 purchase with $2,782/mo rent. Total monthly income registers $2,782/mo, and a $1,936/mo payment leaves $408/mo available for distribution. Annual cash flow reaches $4,892/yr on $131,108 to close, and return on cash invested stands at 23.64% in year one. Equity gained on principal adds $2,552/yr while 5% annual appreciation supports $109,269 over five years. Portfolio math shows five-year ROI at 122.6% and total cumulative return in cash at $160,735. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,782/mo property income against a $1,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46563, Plymouth, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,990 (100%) |
| Owner Occupied HU | 6,786 (67.9%) |
| Renter Occupied HU | 2,320 (23.2%) |
| Vacant Housing Units | 884 ( 8.8%) |
| Median Home Value | $222,571 |
| Average Home Value | $253,754 |
Housing Distribution
Address Breakdown
Residential
9,452
Single Family
8,969
Multi-Family
483
Businesses
910
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Listed by: Angela Snyder • RE/MAX Results
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438913
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.