1244 Westbrooke CtGoshenIN46528
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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 Goshen at 1244 Westbrooke Ct, Goshen, IN, 46528 uses $97,759 cash to close to unlock $13,850/yr annual cash flow and $1,154/mo monthly cash flow. Total monthly income runs $2,924/mo, and a $1,443/mo payment keeps the spread at $1,154/mo. Purchase price stands at $294,900, and rental yield measures 11.9% with $2,924/mo rent. Return on cash invested shows 34.08% in year one, and 5% annual appreciation builds toward $81,475 over five years. Five-year ROI reaches 178.6% and total cumulative return in cash records $174,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,924/mo property income covering a $1,443/mo payment rather than investor’s personal income.
Condo
Built in 1998
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46528, Goshen, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,790 (100%) |
| Owner Occupied HU | 6,873 (70.2%) |
| Renter Occupied HU | 2,374 (24.2%) |
| Vacant Housing Units | 543 ( 5.5%) |
| Median Home Value | $260,185 |
| Average Home Value | $319,983 |
Housing Distribution
Address Breakdown
Residential
9,047
Single Family
9,013
Multi-Family
34
Businesses
419
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