1687 W Auburn Dr, Auburn, IN, 46706 | 4.32% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,340/mo, and a $3,181/mo payment. Purchase price stands at $650,000, and rental yield measures 4.32% with $2,340/mo rent. Return on cash invested shows 11.3% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 56.39% and total cumulative return in cash records $120,590. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $3,181/mo payment rather than investor’s personal income.

Single Family

Built in 1991

5 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46706, Auburn, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,864 (100%)
Owner Occupied HU	6,655 (75.1%)
Renter Occupied HU	1,687 (19.0%)
Vacant Housing Units	522 ( 5.9%)
Median Home Value	$227,490
Average Home Value	$279,454