1953 Corinne DrDyerIN46311
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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 Dyer at 1953 Corinne Dr, Dyer, IN, 46311 with 5% annual appreciation on a $449,900 basis while $3,570/mo rent supports operations. Total monthly income totals $3,570/mo and a $2,202/mo payment preserves $769/mo for cash returns. Annual cash flow comes to $9,232/yr on $149,142 deployed, and return on cash invested reaches 26.1% in year one. Equity gained on principal adds $2,903/yr, and five-year appreciation sums $124,299 alongside rental yield of 9.52%. Five-year ROI measures 136.1% and total cumulative return in cash totals $202,978.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,570/mo property income versus a $2,202/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2006
8,842 sqft lot
$N/A/sqft
$300 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46311, Dyer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,550 (100%) |
| Owner Occupied HU | 8,584 (89.9%) |
| Renter Occupied HU | 622 ( 6.5%) |
| Vacant Housing Units | 344 ( 3.6%) |
| Median Home Value | $335,628 |
| Average Home Value | $375,557 |
Housing Distribution
Address Breakdown
Residential
9,212
Single Family
8,996
Multi-Family
216
Businesses
509
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Listed by: Kathleen Boswell • @properties/Christie's Intl RE
Mls Name: NIRA
Mls Provider:
Mls ID: #818326
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