1594 Joliet StDyerIN46311
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
Rental property for sale in Dyer at 1594 Joliet St, Dyer, IN, 46311 priced at $1,200,000 converts $1,880/mo rent into after a $5,873/mo obligation. Total monthly income equals $1,880/mo. Return on cash invested prints 3.94% in year one, and rental yield reads 1.88% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 16.86% and total cumulative return in cash sums $65,543. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,880/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 1948
3.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46311, Dyer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,550 (100%) |
| Owner Occupied HU | 8,584 (89.9%) |
| Renter Occupied HU | 622 ( 6.5%) |
| Vacant Housing Units | 344 ( 3.6%) |
| Median Home Value | $335,628 |
| Average Home Value | $375,557 |
Housing Distribution
Address Breakdown
Residential
9,212
Single Family
8,996
Multi-Family
216
Businesses
509
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices