118 N College StAmboyIN46911
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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 Amboy at 118 N College St, Amboy, IN, 46911 generates $1,302/mo in rent, after a $1,072/mo payment. Total monthly income is $1,302/mo. Return on cash invested sits at 19.7% in year one, and rental yield is 7.13% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 101.54% and total cumulative return in cash sums $73,713. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,302/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46911, Amboy, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 421 (74.6%) |
| Renter Occupied HU | 76 (13.5%) |
| Vacant Housing Units | 67 (11.9%) |
| Median Home Value | $250,219 |
| Average Home Value | $300,814 |
Housing Distribution
Address Breakdown
Residential
400
Single Family
400
Multi-Family
0
Businesses
23
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Listed by: Rachel Shafer • Kaiser's Sweet Home Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524203
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.