17981 14b RdCulverIN46511
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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 Culver at 17981 14b Rd, Culver, IN, 46511 uses $116,025 cash to close to unlock $649/yr annual cash flow and $54/mo monthly cash flow. Total monthly income runs $2,155/mo, and a $1,713/mo payment keeps the spread at $54/mo. Purchase price stands at $350,000, and rental yield measures 7.39% with $2,155/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 105.62% and total cumulative return in cash records $122,546. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,155/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46511, Culver, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,586 (100%) |
| Owner Occupied HU | 1,377 (53.2%) |
| Renter Occupied HU | 351 (13.6%) |
| Vacant Housing Units | 858 (33.2%) |
| Median Home Value | $281,641 |
| Average Home Value | $400,922 |
Housing Distribution
Address Breakdown
Residential
2,267
Single Family
2,185
Multi-Family
82
Businesses
144
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