2330 William Garrett Way #GQPKQXShelbyvilleIN46176
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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 Shelbyville at 2330 William Garrett Way #GQPKQX, Shelbyville, IN, 46176 earns $1,226/mo cash flow from $3,192/mo rent with a $1,603/mo payment. Total monthly income totals $3,192/mo, and annual cash flow totals $14,711/yr on $108,599 capital. ROI tracks 33.46% on current figures, and rental yield reads 11.69% at a $327,600 purchase. Equity gained on principal adds $2,114/yr, and 5% annual appreciation supports $90,510 over five years. Five-year ROI reaches 175.23% and total cumulative return in cash sums $190,297. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,192/mo property income instead of your personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46176, Shelbyville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,985 (100%) |
| Owner Occupied HU | 7,772 (59.9%) |
| Renter Occupied HU | 4,166 (32.1%) |
| Vacant Housing Units | 1,047 ( 8.1%) |
| Median Home Value | $192,419 |
| Average Home Value | $222,027 |
Housing Distribution
Address Breakdown
Residential
12,248
Single Family
11,467
Multi-Family
781
Businesses
1,027
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