1488 Hampton CirGoshenIN46526
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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
Rental property for sale in Goshen at 1488 Hampton Cir, Goshen, IN, 46526 priced at $209,900 pairs $1,949/mo rent with $382/mo cash flow after a $1,027/mo payment. Total monthly income equals $1,949/mo, and annual cash flow comes to $4,583/yr on $69,582 invested. Return on cash invested is 26.5% in year one, and rental yield stands at 11.14% on a $209,900 basis. Equity gained on principal adds $1,354/yr, and 5% annual appreciation accumulates to $57,992 by year five. Five-year ROI measures 139.84% and total cumulative return in cash reaches $97,304. For financing, Ziffy Mortgage’s DSCR program evaluates $1,949/mo property income against a $1,027/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1989
9,234 sqft lot
$N/A/sqft
$274 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46526, Goshen, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,063 (100%) |
| Owner Occupied HU | 8,487 (65.0%) |
| Renter Occupied HU | 3,852 (29.5%) |
| Vacant Housing Units | 724 ( 5.5%) |
| Median Home Value | $226,148 |
| Average Home Value | $269,072 |
Housing Distribution
Address Breakdown
Residential
12,628
Single Family
11,718
Multi-Family
910
Businesses
830
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