145 S Main StAvillaIN46710
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
Rental property for sale in Avilla at 145 S Main St, Avilla, IN, 46710 offers $1,885/mo rent that, after a $741/mo payment, leaves $976/mo cash flow. Total monthly income is $1,885/mo, and annual cash flow is $11,714/yr on $50,189 cash. Return on cash invested measures 43.25% in year one, and rental yield stands at 14.94% at a $151,400 entry. Equity gained on principal adds $977/yr while 5% annual appreciation compounds into $41,829 by year five. Five-year ROI records 227.84% and total cumulative return in cash reaches $114,349. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,885/mo property income versus a $741/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1876
8,929 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46710, Avilla, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,877 (100%) |
| Owner Occupied HU | 1,417 (75.5%) |
| Renter Occupied HU | 376 (20.0%) |
| Vacant Housing Units | 84 ( 4.5%) |
| Median Home Value | $223,583 |
| Average Home Value | $252,929 |
Housing Distribution
Address Breakdown
Residential
1,680
Single Family
1,628
Multi-Family
52
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices