132 Lexington DrDyerIN46311
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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 Dyer at 132 Lexington Dr, Dyer, IN, 46311 offers $2,996/mo rent that, after a $1,590/mo payment, leaves $1,046/mo cash flow. Total monthly income is $2,996/mo, and annual cash flow is $12,551/yr on $107,704 cash. Return on cash invested measures 31.56% in year one, and rental yield stands at 11.07% at a $324,900 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,764 by year five. Five-year ROI records 165.08% and total cumulative return in cash reaches $177,797. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,996/mo property income versus a $1,590/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
9,104 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46311, Dyer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,550 (100%) |
| Owner Occupied HU | 8,584 (89.9%) |
| Renter Occupied HU | 622 ( 6.5%) |
| Vacant Housing Units | 344 ( 3.6%) |
| Median Home Value | $335,628 |
| Average Home Value | $375,557 |
Housing Distribution
Address Breakdown
Residential
9,212
Single Family
8,996
Multi-Family
216
Businesses
509
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