11790 W 350 NFloraIN46929
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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
Rental property for sale in Flora at 11790 W 350 N, Flora, IN, 46929 generates $2,837/mo in rent and, after a $1,468/mo payment, leaves $1,037/mo in cash flow. Total monthly income is $2,837/mo, and annual cash flow is $12,439/yr on $99,417 invested. Return on cash invested sits at 32.42% in year one, and rental yield is 11.35% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 169.7% and total cumulative return in cash sums $168,712. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,837/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46929, Flora, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,414 (100%) |
| Owner Occupied HU | 1,005 (71.1%) |
| Renter Occupied HU | 315 (22.3%) |
| Vacant Housing Units | 94 ( 6.6%) |
| Median Home Value | $183,468 |
| Average Home Value | $226,652 |
Housing Distribution
Address Breakdown
Residential
1,365
Single Family
1,274
Multi-Family
91
Businesses
135
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