210 S New York StRemingtonIN47977
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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 Remington at 210 S New York St, Remington, IN, 47977 generates $1,825/mo in rent and, after a $612/mo payment, leaves $1,074/mo in cash flow. Total monthly income is $1,825/mo, and annual cash flow is $12,894/yr on $41,438 invested. Return on cash invested sits at 51.02% in year one, and rental yield is 17.52% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 269.51% and total cumulative return in cash sums $111,677. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,825/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47977, Remington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 990 (100%) |
| Owner Occupied HU | 658 (66.5%) |
| Renter Occupied HU | 268 (27.1%) |
| Vacant Housing Units | 64 ( 6.5%) |
| Median Home Value | $182,143 |
| Average Home Value | $205,935 |
Housing Distribution
Address Breakdown
Residential
802
Single Family
802
Multi-Family
0
Businesses
97
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Listed by: Noelle Weishaar • Jenkins, REALTORS, INC.
Mls Name: NIRA
Mls Provider:
Mls ID: #821962
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.