220 S Main StAvillaIN46710
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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 Avilla at 220 S Main St, Avilla, IN, 46710 listed at $235,900 pairs $1,792/mo rent with a $1,155/mo payment to leave $376/mo cash flow. Total monthly income runs $1,792/mo, and annual cash flow reaches $4,507/yr on $78,201 cash to close. Return on cash invested measures 25.67% in year one, and rental yield registers 9.12% at a $235,900 basis. Equity gained on principal adds $1,522/yr, and annual property appreciation at 5% supports $65,175 by year five. Five-year ROI tracks 133.53% and total cumulative return in cash totals $104,423. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,792/mo property income relative to a $1,155/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46710, Avilla, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,877 (100%) |
| Owner Occupied HU | 1,417 (75.5%) |
| Renter Occupied HU | 376 (20.0%) |
| Vacant Housing Units | 84 ( 4.5%) |
| Median Home Value | $223,583 |
| Average Home Value | $252,929 |
Housing Distribution
Address Breakdown
Residential
1,680
Single Family
1,628
Multi-Family
52
Businesses
114
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