209 W Hammond StDaleIN47523
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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 Dale at 209 W Hammond St, Dale, IN, 47523 generates $1,288/mo in rent and, after a $705/mo payment, leaves $423/mo in cash flow. Total monthly income is $1,288/mo, and annual cash flow is $5,081/yr on $47,736 invested. Return on cash invested sits at 30.55% in year one, and rental yield is 10.73% on a $144,000 entry. Equity gained on principal adds $929/yr, while 5% annual appreciation builds toward $39,785 over five years. Five-year ROI reaches 159.74% and total cumulative return in cash sums $76,254. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,288/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.38 Acres lot
$N/A/sqft
No HOA
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Listed by: Chris Blake • Key Associates Signature Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438707
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.