1161 E Dove Ln, Milford, IN, 46542 | 4.16% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Milford at 1161 E Dove Ln, Milford, IN, 46542 generates $960/mo in rent, after a $1,355/mo payment. Total monthly income is $960/mo. Return on cash invested sits at 10.73% in year one, and rental yield is 4.16% on a $276,900 entry. Equity gained on principal adds $1,787/yr, while 5% annual appreciation builds toward $76,502 over five years. Five-year ROI reaches 53.44% and total cumulative return in cash sums $49,051. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $960/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

0.42 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46542, Milford, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,809 (100%)
Owner Occupied HU	1,401 (77.4%)
Renter Occupied HU	284 (15.7%)
Vacant Housing Units	124 ( 6.9%)
Median Home Value	$269,483
Average Home Value	$330,842