14498 N Huey RdSandbornIN47578
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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 Sandborn at 14498 N Huey Rd, Sandborn, IN, 47578 uses $44,397 cash to close to unlock $14,971/yr annual cash flow and $1,248/mo monthly cash flow. Total monthly income runs $2,052/mo, and a $656/mo payment keeps the spread at $1,248/mo. Purchase price stands at $133,928, and rental yield measures 18.39% with $2,052/mo rent. Return on cash invested shows 53.63% in year one, and 5% annual appreciation builds toward $37,002 over five years. Five-year ROI reaches 283.48% and total cumulative return in cash records $125,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,052/mo property income covering a $656/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47578, Sandborn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 320 (100%) |
| Owner Occupied HU | 222 (69.4%) |
| Renter Occupied HU | 45 (14.1%) |
| Vacant Housing Units | 53 (16.6%) |
| Median Home Value | $173,810 |
| Average Home Value | $174,133 |
Housing Distribution
Address Breakdown
Residential
194
Single Family
194
Multi-Family
0
Businesses
10
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Listed by: Vanessa Purdom • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525739
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.