13733 Ridgeview CtGrabillIN46741
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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 Grabill at 13733 Ridgeview Ct, Grabill, IN, 46741 generates $2,262/mo in rent and, after a $1,334/mo payment, leaves $626/mo in cash flow. Total monthly income is $2,262/mo, and annual cash flow is $7,512/yr on $90,334 invested. Return on cash invested sits at 28.22% in year one, and rental yield is 9.96% on a $272,500 entry. Equity gained on principal adds $1,758/yr, while 5% annual appreciation builds toward $75,287 over five years. Five-year ROI reaches 147.18% and total cumulative return in cash sums $132,954. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,262/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46741, Grabill, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,486 (100%) |
| Owner Occupied HU | 1,228 (82.6%) |
| Renter Occupied HU | 178 (12.0%) |
| Vacant Housing Units | 80 ( 5.4%) |
| Median Home Value | $329,618 |
| Average Home Value | $361,042 |
Housing Distribution
Address Breakdown
Residential
1,124
Single Family
1,124
Multi-Family
0
Businesses
115
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Listed by: Taylor Ruoff • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519574
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.