116 Oak Tree PlAvillaIN46710
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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
Rental property for sale in Avilla at 116 Oak Tree Pl, Avilla, IN, 46710 offers $2,663/mo rent that, after a $1,762/mo payment, leaves $502/mo cash flow. Total monthly income is $2,663/mo, and annual cash flow is $6,025/yr on $119,307 cash. Return on cash invested measures 24.96% in year one, and rental yield stands at 8.88% at a $359,900 entry. Equity gained on principal adds $2,322/yr while 5% annual appreciation compounds into $99,434 by year five. Five-year ROI records 129.72% and total cumulative return in cash reaches $154,766. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,663/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46710, Avilla, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,877 (100%) |
| Owner Occupied HU | 1,417 (75.5%) |
| Renter Occupied HU | 376 (20.0%) |
| Vacant Housing Units | 84 ( 4.5%) |
| Median Home Value | $223,583 |
| Average Home Value | $252,929 |
Housing Distribution
Address Breakdown
Residential
1,680
Single Family
1,628
Multi-Family
52
Businesses
114
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Listed by: Anita Hess • Weichert Realtors - Hoosier Heartland
Mls Name: IRMLS
Mls Provider:
Mls ID: #202537886
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.