18232 Tonkel RdAuburnIN46706
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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 Auburn at 18232 Tonkel Rd, Auburn, IN, 46706 listed at $835,000 pairs $3,752/mo rent with a $4,087/mo payment. Total monthly income runs $3,752/mo. Return on cash invested measures 14.55% in year one, and rental yield registers 5.39% at a $835,000 basis. Equity gained on principal adds $5,388/yr, and annual property appreciation at 5% supports $230,695 by year five. Five-year ROI tracks 73.85% and total cumulative return in cash totals $202,876. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,752/mo property income relative to a $4,087/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2013
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46706, Auburn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,864 (100%) |
| Owner Occupied HU | 6,655 (75.1%) |
| Renter Occupied HU | 1,687 (19.0%) |
| Vacant Housing Units | 522 ( 5.9%) |
| Median Home Value | $227,490 |
| Average Home Value | $279,454 |
Housing Distribution
Address Breakdown
Residential
8,621
Single Family
8,480
Multi-Family
141
Businesses
818
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