203 W 3rd StLigonierIN46767
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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 Ligonier at 203 W 3rd St, Ligonier, IN, 46767 listed at $259,500 pairs $2,111/mo rent with a $1,270/mo payment to leave $553/mo cash flow. Total monthly income runs $2,111/mo, and annual cash flow reaches $6,641/yr on $86,024 cash to close. Return on cash invested measures 27.63% in year one, and rental yield registers 9.76% at a $259,500 basis. Equity gained on principal adds $1,675/yr, and annual property appreciation at 5% supports $71,695 by year five. Five-year ROI tracks 144.02% and total cumulative return in cash totals $123,893. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,111/mo property income relative to a $1,270/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
5,227 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
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