1825 E 1700th Rd NSummitvilleIN46070
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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
Rental property for sale in Summitville at 1825 E 1700th Rd N, Summitville, IN, 46070 generates $954/mo in rent, after a $832/mo payment. Total monthly income is $954/mo. Return on cash invested sits at 18.5% in year one, and rental yield is 6.74% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 95.05% and total cumulative return in cash sums $53,534. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $954/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46070, Summitville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 985 (100%) |
| Owner Occupied HU | 764 (77.6%) |
| Renter Occupied HU | 147 (14.9%) |
| Vacant Housing Units | 74 ( 7.5%) |
| Median Home Value | $195,982 |
| Average Home Value | $197,592 |
Housing Distribution
Address Breakdown
Residential
722
Single Family
722
Multi-Family
0
Businesses
24
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Listed by: Christy Moore • F.C. Tucker Muncie, REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202526102
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