201 E 3rd StLigonierIN46767
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ligonier at 201 E 3rd St, Ligonier, IN, 46767 listed at $110,000 pairs $863/mo rent with a $538/mo payment to leave $203/mo cash flow. Total monthly income runs $863/mo, and annual cash flow reaches $2,437/yr on $36,465 cash to close. Return on cash invested measures 26.59% in year one, and rental yield registers 9.41% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 138.54% and total cumulative return in cash totals $50,520. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $863/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1936
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46767, Ligonier, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,129 (100%) |
| Owner Occupied HU | 2,054 (65.6%) |
| Renter Occupied HU | 787 (25.2%) |
| Vacant Housing Units | 288 ( 9.2%) |
| Median Home Value | $234,753 |
| Average Home Value | $277,471 |
Housing Distribution
Address Breakdown
Residential
2,897
Single Family
2,811
Multi-Family
86
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christina Tevis • Jett Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519458
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.