2143 Boulevard StRochesterIN46975
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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 Rochester at 2143 Boulevard St, Rochester, IN, 46975 generates $1,434/mo in rent, after a $2,834/mo payment. Total monthly income is $1,434/mo. Return on cash invested sits at 6.83% in year one, and rental yield is 2.97% on a $579,000 entry. Equity gained on principal adds $3,736/yr, while 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 32.56% and total cumulative return in cash sums $62,023. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,434/mo property income rather than buyer’s personal income.
Single Family
Built in 1936
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46975, Rochester, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,778 (100%) |
| Owner Occupied HU | 4,464 (65.9%) |
| Renter Occupied HU | 1,433 (21.1%) |
| Vacant Housing Units | 881 (13.0%) |
| Median Home Value | $209,010 |
| Average Home Value | $245,757 |
Housing Distribution
Address Breakdown
Residential
6,117
Single Family
6,067
Multi-Family
50
Businesses
519
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Listed by: Lori Roberts • Rochester Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519163
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.