120 N Manifold StIngallsIN46048
Nearby investment properties with comparable rents
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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 Ingalls at 120 N Manifold St, Ingalls, IN, 46048 at $120,000 posts ROI 26.33% with $213/mo cash flow from $933/mo rent. Total monthly income equals $933/mo, and annual cash flow records $2,556/yr on $39,780 to close. Return on cash invested measures 26.33% and rental yield reads 9.33% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 137.03% and total cumulative return in cash totals $54,511.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $933/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1987
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46048, Ingalls, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 759 (100%) |
| Owner Occupied HU | 603 (79.4%) |
| Renter Occupied HU | 118 (15.5%) |
| Vacant Housing Units | 38 ( 5.0%) |
| Median Home Value | $209,949 |
| Average Home Value | $246,874 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
700
Multi-Family
0
Businesses
21
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