2008 Bogey CtAuburnIN46706
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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 Auburn at 2008 Bogey Ct, Auburn, IN, 46706 generates $2,861/mo in rent and, after a $2,242/mo payment, leaves $80/mo in cash flow. Total monthly income is $2,861/mo, and annual cash flow is $962/yr on $151,827 invested. Return on cash invested sits at 20.54% in year one, and rental yield is 7.5% on a $458,000 entry. Equity gained on principal adds $2,955/yr, while 5% annual appreciation builds toward $126,537 over five years. Five-year ROI reaches 106.11% and total cumulative return in cash sums $161,097. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,861/mo property income rather than buyer’s personal income.
Condo
Built in 2023
0.59 Acres lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46706, Auburn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,864 (100%) |
| Owner Occupied HU | 6,655 (75.1%) |
| Renter Occupied HU | 1,687 (19.0%) |
| Vacant Housing Units | 522 ( 5.9%) |
| Median Home Value | $227,490 |
| Average Home Value | $279,454 |
Housing Distribution
Address Breakdown
Residential
8,621
Single Family
8,480
Multi-Family
141
Businesses
818
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Listed by: Emily Ganshorn • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514895
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.