131 River Park DrMiddleburyIN46540
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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 Middlebury at 131 River Park Dr, Middlebury, IN, 46540 at $324,900 posts ROI 22.41% with $224/mo cash flow from $2,386/mo rent. Total monthly income equals $2,386/mo, and annual cash flow records $2,692/yr on $107,704 to close. Return on cash invested measures 22.41% and rental yield reads 8.81% at the current $324,900. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 by year five. Five-year ROI prints 116.88% and total cumulative return in cash totals $125,885.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,386/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2016
N/A lot
$N/A/sqft
$634 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46540, Middlebury, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,333 (100%) |
| Owner Occupied HU | 3,498 (80.7%) |
| Renter Occupied HU | 659 (15.2%) |
| Vacant Housing Units | 176 ( 4.1%) |
| Median Home Value | $339,066 |
| Average Home Value | $378,665 |
Housing Distribution
Address Breakdown
Residential
4,197
Single Family
4,157
Multi-Family
40
Businesses
437
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Listed by: Allison Miller • Century 21 Circle
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508172
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.