215 Lane 101a LOT 33HamiltonIN46742
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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
Investment property for sale in Hamilton at 215 Lane 101a LOT 33, Hamilton, IN, 46742 earns $310/mo cash flow from $1,360/mo rent with a $856/mo payment. Total monthly income totals $1,360/mo, and annual cash flow totals $3,722/yr on $57,979 capital. ROI tracks 26.33% on current figures, and rental yield reads 9.33% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 137.12% and total cumulative return in cash sums $79,500. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,360/mo property income instead of your personal income.
Manufactured
Built in 1994
2,003 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46742, Hamilton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,165 (100%) |
| Owner Occupied HU | 1,271 (58.7%) |
| Renter Occupied HU | 197 ( 9.1%) |
| Vacant Housing Units | 697 (32.2%) |
| Median Home Value | $357,713 |
| Average Home Value | $393,855 |
Housing Distribution
Address Breakdown
Residential
1,527
Single Family
1,527
Multi-Family
0
Businesses
82
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