212 Brookview LnFloraIN46929
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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 Flora at 212 Brookview Ln, Flora, IN, 46929 priced at $229,000 converts $1,430/mo rent into $55/mo cash flow after a $1,121/mo obligation. Total monthly income equals $1,430/mo, and annual cash flow totals $662/yr on $75,914 invested. Return on cash invested prints 20.78% in year one, and rental yield reads 7.49% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 107.32% and total cumulative return in cash sums $81,473. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,430/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46929, Flora, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,414 (100%) |
| Owner Occupied HU | 1,005 (71.1%) |
| Renter Occupied HU | 315 (22.3%) |
| Vacant Housing Units | 94 ( 6.6%) |
| Median Home Value | $183,468 |
| Average Home Value | $226,652 |
Housing Distribution
Address Breakdown
Residential
1,365
Single Family
1,274
Multi-Family
91
Businesses
135
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