2358 Serenity Ct, Auburn, IN, 46706 | $877/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1228 sft

3451 Fawn Creek Blvd, Waterloo, IN, 46793

3 Bed
3 Bath
2085 sft

9028 Hickory Knoll Blvd, Fort Wayne, IN, 46825

3 Bed
2 Bath
1609 sft

7689 Accio Cv, Fort Wayne, IN, 46835

3 Bed
2 Bath
1255 sft

10128 Privet Dr, Fort Wayne, IN, 46835

Nearby investment properties with comparable prices

4 Bed
2 Bath
1788 sft

6228 Birchdale Dr, Fort Wayne, IN, 46815

3 Bed
2 Bath
1434 sft

1802 E Kammerer Rd, Kendallville, IN, 46755

2 Bed
2 Bath
1462 sft

9910 Oak Trail Rd, Fort Wayne, IN, 46825

3 Bed
2 Bath
1548 sft

15122 Mercury Ln, Huntertown, IN, 46748

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Auburn at 2358 Serenity Ct, Auburn, IN, 46706 listed at $275,000 pairs $2,528/mo rent with a $1,346/mo payment to leave $877/mo cash flow. Total monthly income runs $2,528/mo, and annual cash flow reaches $10,527/yr on $91,163 cash to close. Return on cash invested measures 31.46% in year one, and rental yield registers 11.03% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 164.55% and total cumulative return in cash totals $150,011. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,528/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2022

0.44 Acres lot

$N/A/sqft

No 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