1940 Stringtown PikeCiceroIN46034
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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 Cicero at 1940 Stringtown Pike, Cicero, IN, 46034 with 5% annual appreciation on a $700,000 basis while $2,727/mo rent supports operations. 38% in year one. Equity gained on principal adds $4,517/yr, and five-year appreciation sums $193,397 alongside rental yield of 4.67%. Five-year ROI measures 62.17% and total cumulative return in cash totals $143,176. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,727/mo property income versus a $3,426/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46034, Cicero, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,424 (100%) |
| Owner Occupied HU | 2,743 (80.1%) |
| Renter Occupied HU | 503 (14.7%) |
| Vacant Housing Units | 178 ( 5.2%) |
| Median Home Value | $480,619 |
| Average Home Value | $488,950 |
Housing Distribution
Address Breakdown
Residential
2,991
Single Family
2,991
Multi-Family
0
Businesses
204
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