154 W Eddleman DrNinevehIN46164
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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 Nineveh at 154 W Eddleman Dr, Nineveh, IN, 46164 with 5% annual appreciation on a $160,000 basis while $1,209/mo rent supports operations. Total monthly income totals $1,209/mo and a $783/mo payment preserves $249/mo for cash returns. Annual cash flow comes to $2,984/yr on $53,040 deployed, and return on cash invested reaches 25.53% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 9.07%. Five-year ROI measures 132.76% and total cumulative return in cash totals $70,418.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,209/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46164, Nineveh, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,691 (100%) |
| Owner Occupied HU | 1,648 (61.2%) |
| Renter Occupied HU | 150 ( 5.6%) |
| Vacant Housing Units | 893 (33.2%) |
| Median Home Value | $327,011 |
| Average Home Value | $368,879 |
Housing Distribution
Address Breakdown
Residential
2,297
Single Family
2,297
Multi-Family
0
Businesses
68
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