1349 Mitchell DrRochesterIN46975
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rochester at 1349 Mitchell Dr, Rochester, IN, 46975 listed at $334,900 pairs $2,532/mo rent with a $1,639/mo payment to leave $522/mo cash flow. Total monthly income runs $2,532/mo, and annual cash flow reaches $6,262/yr on $111,019 cash to close. Return on cash invested measures 25.55% in year one, and rental yield registers 9.07% at a $334,900 basis. Equity gained on principal adds $2,161/yr, and annual property appreciation at 5% supports $92,527 by year five. Five-year ROI tracks 132.84% and total cumulative return in cash totals $147,481. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,532/mo property income relative to a $1,639/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46975, Rochester, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,778 (100%) |
| Owner Occupied HU | 4,464 (65.9%) |
| Renter Occupied HU | 1,433 (21.1%) |
| Vacant Housing Units | 881 (13.0%) |
| Median Home Value | $209,010 |
| Average Home Value | $245,757 |
Housing Distribution
Address Breakdown
Residential
6,117
Single Family
6,067
Multi-Family
50
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric j Kovalak • Copper Bay Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202537907
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.