1409 Hideaway DrAuburnIN46706
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 Auburn at 1409 Hideaway Dr, Auburn, IN, 46706 with 5% annual appreciation on a $284,000 basis while $2,687/mo rent supports operations. Total monthly income totals $2,687/mo and a $1,390/mo payment preserves $982/mo for cash returns. Annual cash flow comes to $11,787/yr on $94,146 deployed, and return on cash invested reaches 32.43% in year one. Equity gained on principal adds $1,833/yr, and five-year appreciation sums $78,464 alongside rental yield of 11.35%. Five-year ROI measures 169.76% and total cumulative return in cash totals $159,821.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,687/mo property income versus a $1,390/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2010
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46706, Auburn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,864 (100%) |
| Owner Occupied HU | 6,655 (75.1%) |
| Renter Occupied HU | 1,687 (19.0%) |
| Vacant Housing Units | 522 ( 5.9%) |
| Median Home Value | $227,490 |
| Average Home Value | $279,454 |
Housing Distribution
Address Breakdown
Residential
8,621
Single Family
8,480
Multi-Family
141
Businesses
818
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacob C McAfee • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202503614
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.