206 East StRoyal CenterIN46978
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
Rental property for sale in Royal Center at 206 East St, Royal Center, IN, 46978 priced at $130,000 pairs $1,745/mo rent with $965/mo cash flow after a $636/mo payment. Total monthly income equals $1,745/mo, and annual cash flow comes to $11,579/yr on $43,095 invested. Return on cash invested is 46.78% in year one, and rental yield stands at 16.11% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 246.66% and total cumulative return in cash reaches $106,299. For financing, Ziffy Mortgage’s DSCR program evaluates $1,745/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
5,967 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46978, Royal Center, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 899 (100%) |
| Owner Occupied HU | 694 (77.2%) |
| Renter Occupied HU | 128 (14.2%) |
| Vacant Housing Units | 77 ( 8.6%) |
| Median Home Value | $170,000 |
| Average Home Value | $179,362 |
Housing Distribution
Address Breakdown
Residential
556
Single Family
556
Multi-Family
0
Businesses
40
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Listed by: Lisa Malchow • RE/MAX SELECT REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202435318
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.