15006 Prairie Park DrHoaglandIN46745
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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 Hoagland at 15006 Prairie Park Dr, Hoagland, IN, 46745 earns $457/mo cash flow from $2,077/mo rent with a $1,321/mo payment. Total monthly income totals $2,077/mo, and annual cash flow totals $5,482/yr on $89,472 capital. ROI tracks 26.04% on current figures, and rental yield reads 9.23% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 135.45% and total cumulative return in cash sums $121,194. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,077/mo property income instead of your personal income.
Single Family
Built in 1992
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46745, Hoagland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 703 (100%) |
| Owner Occupied HU | 631 (89.8%) |
| Renter Occupied HU | 57 ( 8.1%) |
| Vacant Housing Units | 15 ( 2.1%) |
| Median Home Value | $312,105 |
| Average Home Value | $309,604 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
701
Multi-Family
19
Businesses
41
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