2474 E 450 SBlufftonIN46714
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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
Total monthly income runs $1,150/mo, and a $1,221/mo payment. Purchase price stands at $249,500, and rental yield measures 5.53% with $1,150/mo rent. Return on cash invested shows 14.87% in year one, and 5% annual appreciation builds toward $68,932 over five years. Five-year ROI reaches 75.59% and total cumulative return in cash records $62,517. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,150/mo property income covering a $1,221/mo payment rather than investor’s personal income.
Single Family
Built in 1900
1.15 Acres lot
$N/A/sqft
No 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: #202534493
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