1410 Virginia LnAuburnIN46706
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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 Auburn at 1410 Virginia Ln, Auburn, IN, 46706 uses $86,157 cash to close to unlock $5,735/yr annual cash flow and $478/mo monthly cash flow. Total monthly income runs $2,038/mo, and a $1,272/mo payment keeps the spread at $478/mo. Purchase price stands at $259,900, and rental yield measures 9.41% with $2,038/mo rent. Return on cash invested shows 26.57% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 138.29% and total cumulative return in cash records $119,146. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,038/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 2004
0.27 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
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