25861 County Road 126ElkhartIN46517
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Elkhart at 25861 County Road 126, Elkhart, IN, 46517 uses $96,301 cash to close to unlock $8,652/yr annual cash flow and $721/mo monthly cash flow. Total monthly income runs $2,465/mo, and a $1,422/mo payment keeps the spread at $721/mo. Purchase price stands at $290,500, and rental yield measures 10.18% with $2,465/mo rent. Return on cash invested shows 28.89% in year one, and 5% annual appreciation builds toward $80,260 over five years. Five-year ROI reaches 150.83% and total cumulative return in cash records $145,253. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,465/mo property income covering a $1,422/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46517, Elkhart, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,200 (100%) |
| Owner Occupied HU | 5,614 (61.0%) |
| Renter Occupied HU | 3,089 (33.6%) |
| Vacant Housing Units | 497 ( 5.4%) |
| Median Home Value | $214,555 |
| Average Home Value | $266,234 |
Housing Distribution
Address Breakdown
Residential
9,030
Single Family
7,959
Multi-Family
1,071
Businesses
580
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hannah Cradolph • Brick Built Real Estate Elkhart
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515979
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.