2490 N Dogwood CirEckertyIN47116
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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 Eckerty at 2490 N Dogwood Cir, Eckerty, IN, 47116 generates $1,084/mo in rent, after a $930/mo payment. Total monthly income is $1,084/mo. Return on cash invested sits at 18.83% in year one, and rental yield is 6.85% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 96.86% and total cumulative return in cash sums $61,008. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,084/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47116, Eckerty, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 625 (100%) |
| Owner Occupied HU | 327 (52.3%) |
| Renter Occupied HU | 61 ( 9.8%) |
| Vacant Housing Units | 237 (37.9%) |
| Median Home Value | $118,929 |
| Average Home Value | $146,361 |
Housing Distribution
Address Breakdown
Residential
360
Single Family
360
Multi-Family
0
Businesses
18
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