2400 S Stonehaven DrYorktownIN47396
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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 Yorktown at 2400 S Stonehaven Dr, Yorktown, IN, 47396 offers a 17.21% rental yield on a $118,450 purchase with $1,699/mo rent. Total monthly income registers $1,699/mo, and a $580/mo payment leaves $988/mo available for distribution. Annual cash flow reaches $11,853/yr on $39,266 to close, and return on cash invested stands at 50.09% in year one. Equity gained on principal adds $764/yr while 5% annual appreciation supports $32,726 over five years. Portfolio math shows five-year ROI at 264.5% and total cumulative return in cash at $103,861. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,699/mo property income against a $580/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.33 Acres lot
$N/A/sqft
No HOA
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Listed by: Andrew Wagner • Wagner Auctioneering and Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438183
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