16907 Woodland Hills Dr SGrangerIN46530
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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 Granger at 16907 Woodland Hills Dr S, Granger, IN, 46530 generates $5,414/mo in rent, after a $4,552/mo payment. Total monthly income is $5,414/mo. Return on cash invested sits at 19.05% in year one, and rental yield is 6.99% on a $930,000 entry. Equity gained on principal adds $6,001/yr, while 5% annual appreciation builds toward $256,942 over five years. Five-year ROI reaches 98.07% and total cumulative return in cash sums $300,058. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,414/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.92 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46530, Granger, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,467 (100%) |
| Owner Occupied HU | 10,079 (80.8%) |
| Renter Occupied HU | 1,813 (14.5%) |
| Vacant Housing Units | 575 ( 4.6%) |
| Median Home Value | $318,617 |
| Average Home Value | $362,554 |
Housing Distribution
Address Breakdown
Residential
12,208
Single Family
11,173
Multi-Family
1,035
Businesses
834
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Listed by: Stephen Bizzaro • Howard Hanna SB Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202505624
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.