1180 Shoreline CirCiceroIN46034
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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
Investment property for sale in Cicero at 1180 Shoreline Cir, Cicero, IN, 46034 uses $132,567 cash to close to unlock $585/yr annual cash flow and $49/mo monthly cash flow. Total monthly income runs $2,449/mo, and a $1,957/mo payment keeps the spread at $49/mo. Purchase price stands at $399,900, and rental yield measures 7.35% with $2,449/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 104.96% and total cumulative return in cash records $139,136. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,449/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1993
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46034, Cicero, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,424 (100%) |
| Owner Occupied HU | 2,743 (80.1%) |
| Renter Occupied HU | 503 (14.7%) |
| Vacant Housing Units | 178 ( 5.2%) |
| Median Home Value | $480,619 |
| Average Home Value | $488,950 |
Housing Distribution
Address Breakdown
Residential
2,991
Single Family
2,991
Multi-Family
0
Businesses
204
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