240 Lane #150FremontIN46737
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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 Fremont at 240 Lane #150, Fremont, IN, 46737 earns from $1,212/mo rent with a $2,442/mo payment. Total monthly income totals $1,212/mo. ROI tracks 6.91% on current figures, and rental yield reads 2.91% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 32.93% and total cumulative return in cash sums $54,474. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,212/mo property income instead of your personal income.
Single Family
Built in 1970
0.65 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46737, Fremont, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,505 (100%) |
| Owner Occupied HU | 2,509 (55.7%) |
| Renter Occupied HU | 455 (10.1%) |
| Vacant Housing Units | 1,541 (34.2%) |
| Median Home Value | $310,137 |
| Average Home Value | $424,275 |
Housing Distribution
Address Breakdown
Residential
2,870
Single Family
2,870
Multi-Family
0
Businesses
215
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Listed by: Craig A Walker • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515625
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.