15871 18th RdArgosIN46501
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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 Argos at 15871 18th Rd, Argos, IN, 46501 generates $2,190/mo in rent, after a $5,629/mo payment. Total monthly income is $2,190/mo. Return on cash invested sits at 5.19% in year one, and rental yield is 2.29% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 23.56% and total cumulative return in cash sums $87,801. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,190/mo property income rather than buyer’s personal income.
Single Family
Built in 1830
73.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46501, Argos, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 1,108 (72.7%) |
| Renter Occupied HU | 297 (19.5%) |
| Vacant Housing Units | 120 ( 7.9%) |
| Median Home Value | $179,118 |
| Average Home Value | $215,512 |
Housing Distribution
Address Breakdown
Residential
1,520
Single Family
1,498
Multi-Family
22
Businesses
90
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