18 Point Ln, Arcadia, IN, 46030 | 0.95% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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18 Point Ln, Arcadia, IN, 46030 | 0.95% Rental Yield | Ziffy

For Sale

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 $954/mo, and a $5,873/mo payment. Purchase price stands at $1,200,000, and rental yield measures 0.95% with $954/mo rent. Return on cash invested shows 1.08% in year one, and 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 1.53% and total cumulative return in cash records $5,963. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $954/mo property income covering a $5,873/mo payment rather than investor’s personal income.

Single Family

Built in 1987

3.77 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to a truly special offering-set on 3.77 acres with an unbelievable 673 feet of water frontage! This is one of the largest and most dramatic lots on Morse Reservoir, perfectly positioned on a prominent point that delivers panoramic views, unbeatable sunsets, and a front-row seat to the July 4th fireworks. Situated in a peaceful idle zone, it's ideal for kayaking, paddle boarding, and floating, with calm waters all around-yet just a short boat ride to the main water sports area when you're ready for more action. The home itself has a contemporary, architectural vibe-not your average lake house! Approx. 3,500 square feet with 4 bedrooms. Two main-floor bedrooms were opened up to create one large suite, but the seller is willing to reinstall the wall with an acceptable offer to restore the original 4-bedroom layout. Features include a striking two-sided fireplace in the great room, an updated kitchen, 3 car garage, a new water heater, and an energy-efficient geothermal system. You'll also love the abundant deck space-perfect for entertaining or simply soaking in the views. Outside, enjoy a composite dock with boat lift and one of the most impressive lakefront settings Morse has to offer. This is a rare opportunity to own a truly one-of-a-kind property that combines acreage and water frontage -in one unforgettable package.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46030, Arcadia, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,284 (100%)
Owner Occupied HU	944 (73.5%)
Renter Occupied HU	273 (21.3%)
Vacant Housing Units	67 ( 5.2%)
Median Home Value	$326,429
Average Home Value	$423,350