14611 Spencerville RdGrabillIN46741
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 Grabill at 14611 Spencerville Rd, Grabill, IN, 46741 offers a 7.05% rental yield on a $339,000 purchase with $1,992/mo rent. 45% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 100.19% and total cumulative return in cash at $112,588. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,992/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1.14 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices