11592 Maple Ridge DrMiddleburyIN46540
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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
Total monthly income runs $4,825/mo, and a $4,160/mo payment. Purchase price stands at $850,000, and rental yield measures 6.81% with $4,825/mo rent. Return on cash invested shows 18.03% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 92.79% and total cumulative return in cash records $259,486. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,825/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 2014
3.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46540, Middlebury, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,333 (100%) |
| Owner Occupied HU | 3,498 (80.7%) |
| Renter Occupied HU | 659 (15.2%) |
| Vacant Housing Units | 176 ( 4.1%) |
| Median Home Value | $339,066 |
| Average Home Value | $378,665 |
Housing Distribution
Address Breakdown
Residential
4,197
Single Family
4,157
Multi-Family
40
Businesses
437
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Listed by: Steve Miller • RE/MAX Results-Goshen
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516038
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.