206 E Wall StAdvanceIN46102
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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 Advance at 206 E Wall St, Advance, IN, 46102 offers a 14.53% rental yield on a $178,400 purchase with $2,160/mo rent. Total monthly income registers $2,160/mo, and a $873/mo payment leaves $1,089/mo available for distribution. Annual cash flow reaches $13,071/yr on $59,140 to close, and return on cash invested stands at 42.01% in year one. Equity gained on principal adds $1,151/yr while 5% annual appreciation supports $49,289 over five years. Portfolio math shows five-year ROI at 221.2% and total cumulative return in cash at $130,818. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46102, Advance, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23 (100%) |
| Owner Occupied HU | 16 (69.6%) |
| Renter Occupied HU | 7 (30.4%) |
| Vacant Housing Units | 0 |
| Median Home Value | $275,000 |
| Average Home Value | $472,344 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
10
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