2532 W County Road 900s RdCloverdaleIN46120
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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 $960/mo, and a $5,873/mo payment. Purchase price stands at $1,200,000, and rental yield measures 0.96% with $960/mo rent. Return on cash invested shows 1.1% in year one, and 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 1.63% and total cumulative return in cash records $6,347. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $960/mo property income covering a $5,873/mo payment rather than investor’s personal income.
Single Family
Built in 1986
34.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46120, Cloverdale, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,766 (100%) |
| Owner Occupied HU | 2,044 (73.9%) |
| Renter Occupied HU | 506 (18.3%) |
| Vacant Housing Units | 216 ( 7.8%) |
| Median Home Value | $200,155 |
| Average Home Value | $230,073 |
Housing Distribution
Address Breakdown
Residential
2,414
Single Family
2,414
Multi-Family
0
Businesses
184
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Listed by: Beth Neeley • Down Home Real Estate & Auction LLC
Mls Name: IRMLS
Mls ID: #202535698