1805 Woodgate DrGoshenIN46526
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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 Goshen at 1805 Woodgate Dr, Goshen, IN, 46526 earns $358/mo cash flow from $3,209/mo rent with a $1,884/mo payment. Total monthly income totals $3,209/mo, and annual cash flow totals $4,298/yr on $127,628 capital. ROI tracks 23.28% on current figures, and rental yield reads 10% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 122.52% and total cumulative return in cash sums $156,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,209/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$414 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46526, Goshen, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,063 (100%) |
| Owner Occupied HU | 8,487 (65.0%) |
| Renter Occupied HU | 3,852 (29.5%) |
| Vacant Housing Units | 724 ( 5.5%) |
| Median Home Value | $226,148 |
| Average Home Value | $269,072 |
Housing Distribution
Address Breakdown
Residential
12,628
Single Family
11,718
Multi-Family
910
Businesses
830
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Listed by: Karen K Galloway • Schrock Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437763
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.