215 LN 282b Hamilton LakeHamiltonIN46742
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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 LN 282b Hamilton Lake, Hamilton, IN, 46742 earns $466/mo cash flow from $3,277/mo rent with a $2,292/mo payment. Total monthly income totals $3,277/mo, and annual cash flow totals $5,593/yr on $155,208 capital. ROI tracks 23.51% on current figures, and rental yield reads 8.4% at a $468,200 purchase. Equity gained on principal adds $3,021/yr, and 5% annual appreciation supports $129,355 over five years. Five-year ROI reaches 121.94% and total cumulative return in cash sums $189,260. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,277/mo property income instead of your personal income.
Home Type Unknown
Built in N/A
N/A 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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