1946 Newbury CirGoshenIN46526
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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 Goshen at 1946 Newbury Cir, Goshen, IN, 46526 listed at $312,900 pairs $2,402/mo rent with a $1,531/mo payment to leave $524/mo cash flow. Total monthly income runs $2,402/mo, and annual cash flow reaches $6,290/yr on $103,726 cash to close. Return on cash invested measures 25.97% in year one, and rental yield registers 9.21% at a $312,900 basis. Equity gained on principal adds $2,019/yr, and annual property appreciation at 5% supports $86,449 by year five. Five-year ROI tracks 135.14% and total cumulative return in cash totals $140,178. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,402/mo property income relative to a $1,531/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2022
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46526, Goshen, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,063 (100%) |
| Owner Occupied HU | 8,487 (65.0%) |
| Renter Occupied HU | 3,852 (29.5%) |
| Vacant Housing Units | 724 ( 5.5%) |
| Median Home Value | $226,148 |
| Average Home Value | $269,072 |
Housing Distribution
Address Breakdown
Residential
12,628
Single Family
11,718
Multi-Family
910
Businesses
830
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