1810 Nolan Meadows RunAngolaIN46703
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Angola at 1810 Nolan Meadows Run, Angola, IN, 46703 priced at $347,500 converts $3,191/mo rent into $1,105/mo cash flow after a $1,701/mo obligation. Total monthly income equals $3,191/mo, and annual cash flow totals $13,258/yr on $115,196 invested. Return on cash invested prints 31.42% in year one, and rental yield reads 11.02% against a $347,500 entry. Equity gained on principal adds $2,242/yr, while 5% annual appreciation compiles into $96,008 by year five. Five-year ROI reaches 164.32% and total cumulative return in cash sums $189,285. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,191/mo property income covering a $1,701/mo payment, not borrower’s personal income.
Single Family
Built in 2018
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46703, Angola, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,798 (100%) |
| Owner Occupied HU | 5,429 (55.4%) |
| Renter Occupied HU | 2,052 (20.9%) |
| Vacant Housing Units | 2,317 (23.6%) |
| Median Home Value | $272,006 |
| Average Home Value | $345,110 |
Housing Distribution
Address Breakdown
Residential
7,691
Single Family
7,223
Multi-Family
468
Businesses
858
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices