217 S Shumaker DrBremenIN46506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bremen at 217 S Shumaker Dr, Bremen, IN, 46506 uses $82,544 cash to close to unlock $1,656/yr annual cash flow and $138/mo monthly cash flow. Total monthly income runs $1,633/mo, and a $1,219/mo payment keeps the spread at $138/mo. Purchase price stands at $249,000, and rental yield measures 7.87% with $1,633/mo rent. Return on cash invested shows 21.92% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 113.42% and total cumulative return in cash records $93,620. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,633/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1955
8,712 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erika Leman • RE/MAX Aspire
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513539
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.