23 S Lake Shore County RdBeverly ShoresIN46301
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 Beverly Shores at 23 S Lake Shore County Rd, Beverly Shores, IN, 46301 at $795,000 posts ROI 12.15% with from $3,049/mo rent. Total monthly income equals $3,049/mo. Return on cash invested measures 12.15% and rental yield reads 4.6% at the current $795,000. Equity gained on principal adds $5,130/yr, and 5% annual appreciation supports $219,644 by year five. Five-year ROI prints 60.97% and total cumulative return in cash totals $159,478. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,049/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46301, Beverly Shores, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 489 (100%) |
| Owner Occupied HU | 278 (56.9%) |
| Renter Occupied HU | 32 ( 6.5%) |
| Vacant Housing Units | 179 (36.6%) |
| Median Home Value | $555,804 |
| Average Home Value | $600,225 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Doherty • Coldwell Banker Realty
Mls Name: MichRIC
Mls ID: #25042788