2203 Glen Hollow DrAuburnIN46706
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 Auburn at 2203 Glen Hollow Dr, Auburn, IN, 46706 listed at $249,900 pairs $2,088/mo rent with a $1,223/mo payment to leave $577/mo cash flow. Total monthly income runs $2,088/mo, and annual cash flow reaches $6,921/yr on $82,842 cash to close. Return on cash invested measures 28.26% in year one, and rental yield registers 10.03% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 147.46% and total cumulative return in cash totals $122,162. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,088/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
9,583 sqft lot
$N/A/sqft
$135 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46706, Auburn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,864 (100%) |
| Owner Occupied HU | 6,655 (75.1%) |
| Renter Occupied HU | 1,687 (19.0%) |
| Vacant Housing Units | 522 ( 5.9%) |
| Median Home Value | $227,490 |
| Average Home Value | $279,454 |
Housing Distribution
Address Breakdown
Residential
8,621
Single Family
8,480
Multi-Family
141
Businesses
818
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teri Davis-Foster • Mike Thomas Associates, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522552
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.