208 N College StAmboyIN46911
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 Amboy at 208 N College St, Amboy, IN, 46911 generates $1,426/mo in rent and, after a $514/mo payment, leaves $796/mo in cash flow. Total monthly income is $1,426/mo, and annual cash flow is $9,547/yr on $34,808 invested. Return on cash invested sits at 47.34% in year one, and rental yield is 16.3% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 249.74% and total cumulative return in cash sums $86,930. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,426/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46911, Amboy, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 421 (74.6%) |
| Renter Occupied HU | 76 (13.5%) |
| Vacant Housing Units | 67 (11.9%) |
| Median Home Value | $250,219 |
| Average Home Value | $300,814 |
Housing Distribution
Address Breakdown
Residential
400
Single Family
400
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: June Brown • New View Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202527302
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.