2325 Sylvan LnElkhartIN46514
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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 Elkhart at 2325 Sylvan Ln, Elkhart, IN, 46514 with 5% annual appreciation on a $290,000 basis while $2,582/mo rent supports operations. Total monthly income totals $2,582/mo and a $1,419/mo payment preserves $842/mo for cash returns. Annual cash flow comes to $10,099/yr on $96,135 deployed, and return on cash invested reaches 30.41% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,122 alongside rental yield of 10.68%. Five-year ROI measures 158.94% and total cumulative return in cash totals $152,800.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,582/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46514, Elkhart, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,284 (100%) |
| Owner Occupied HU | 11,774 (64.4%) |
| Renter Occupied HU | 5,434 (29.7%) |
| Vacant Housing Units | 1,076 ( 5.9%) |
| Median Home Value | $219,702 |
| Average Home Value | $252,263 |
Housing Distribution
Address Breakdown
Residential
17,694
Single Family
16,264
Multi-Family
1,430
Businesses
1,341
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Listed by: Lisa Arendt • Alternative Real Estate Sales
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514201
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.