1703 Sprott StAuburnIN46706
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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 Auburn at 1703 Sprott St, Auburn, IN, 46706 earns $52/mo cash flow from $1,213/mo rent with a $854/mo payment. Total monthly income totals $1,213/mo, and annual cash flow totals $619/yr on $57,814 capital. ROI tracks 20.98% on current figures, and rental yield reads 8.35% at a $174,400 purchase. Equity gained on principal adds $1,125/yr, and 5% annual appreciation supports $48,184 over five years. Five-year ROI reaches 109.22% and total cumulative return in cash sums $63,143. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,213/mo property income instead of your personal income.
Multi Family
Built in 1955
0.25 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 |
Housing Distribution
Address Breakdown
Residential
8,621
Single Family
8,480
Multi-Family
141
Businesses
818
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