1777 N 350 WAlbionIN46701
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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 Albion at 1777 N 350 W, Albion, IN, 46701 listed at $150,300 pairs $1,158/mo rent with a $736/mo payment to leave $255/mo cash flow. Total monthly income runs $1,158/mo, and annual cash flow reaches $3,065/yr on $49,824 cash to close. Return on cash invested measures 26.06% in year one, and rental yield registers 9.25% at a $150,300 basis. Equity gained on principal adds $970/yr, and annual property appreciation at 5% supports $41,525 by year five. Five-year ROI tracks 135.65% and total cumulative return in cash totals $67,588. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,158/mo property income relative to a $736/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46701, Albion, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,426 (100%) |
| Owner Occupied HU | 2,442 (71.3%) |
| Renter Occupied HU | 619 (18.1%) |
| Vacant Housing Units | 365 (10.7%) |
| Median Home Value | $253,894 |
| Average Home Value | $306,236 |
Housing Distribution
Address Breakdown
Residential
3,146
Single Family
3,146
Multi-Family
0
Businesses
188
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