2444 Red Oak CtBlufftonIN46714
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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
Rental property for sale in Bluffton at 2444 Red Oak Ct, Bluffton, IN, 46714 priced at $399,500 pairs $2,470/mo rent with $64/mo cash flow after a $1,955/mo payment. Total monthly income equals $2,470/mo, and annual cash flow comes to $767/yr on $132,434 invested. Return on cash invested is 20.49% in year one, and rental yield stands at 7.42% on a $399,500 basis. Equity gained on principal adds $2,578/yr, and 5% annual appreciation accumulates to $110,374 by year five. Five-year ROI measures 105.72% and total cumulative return in cash reaches $140,007. For financing, Ziffy Mortgage’s DSCR program evaluates $2,470/mo property income against a $1,955/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.45 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46714, Bluffton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,868 (100%) |
| Owner Occupied HU | 4,405 (64.1%) |
| Renter Occupied HU | 1,952 (28.4%) |
| Vacant Housing Units | 511 ( 7.4%) |
| Median Home Value | $192,431 |
| Average Home Value | $229,887 |
Housing Distribution
Address Breakdown
Residential
6,622
Single Family
6,327
Multi-Family
295
Businesses
576
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Listed by: Cyndee Fiechter • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436916
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.