2315 Northgate BlvdAuburnIN46706
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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 2315 Northgate Blvd, Auburn, IN, 46706 at $289,900 posts ROI 25.97% with $486/mo cash flow from $2,238/mo rent. Total monthly income equals $2,238/mo, and annual cash flow records $5,828/yr on $96,102 to close. Return on cash invested measures 25.97% and rental yield reads 9.26% at the current $289,900. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 by year five. Five-year ROI prints 135.17% and total cumulative return in cash totals $129,897.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,238/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
0.27 Acres lot
$N/A/sqft
$12 monthly 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
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