18362 Peregrine Dr, New Paris, IN, 46553 | $406/mo Cash Flow

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

Investment property for sale in New Paris at 18362 Peregrine Dr, New Paris, IN, 46553 uses $114,202 cash to close to unlock $4,874/yr annual cash flow and $406/mo monthly cash flow. Total monthly income runs $2,634/mo, and a $1,686/mo payment keeps the spread at $406/mo. Purchase price stands at $344,500, and rental yield measures 9.18% with $2,634/mo rent. Return on cash invested shows 24.18% in year one, and 5% annual appreciation builds toward $95,179 over five years. Five-year ROI reaches 126.13% and total cumulative return in cash records $144,039. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,634/mo property income covering a $1,686/mo payment rather than investor’s personal income.

Single Family

Built in 2022

8,712 sqft lot

$N/A/sqft

$160 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46553, New Paris, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,394 (100%)
Owner Occupied HU	1,155 (82.9%)
Renter Occupied HU	171 (12.3%)
Vacant Housing Units	68 ( 4.9%)
Median Home Value	$254,924
Average Home Value	$363,335