207 W Dixie DrSilver LakeIN46982
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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 Silver Lake at 207 W Dixie Dr, Silver Lake, IN, 46982 priced at $175,000 converts $1,684/mo rent into $547/mo cash flow after a $857/mo obligation. Total monthly income equals $1,684/mo, and annual cash flow totals $6,569/yr on $58,013 invested. Return on cash invested prints 31.23% in year one, and rental yield reads 11.55% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 164% and total cumulative return in cash sums $95,143. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,684/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1959
1.21 Acres lot
$N/A/sqft
No HOA
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Listed by: Kerri Patrick • Patton Hall Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436384
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.