2597 S 800 EGlenwoodIN46133
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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
Investment property for sale in Glenwood at 2597 S 800 E, Glenwood, IN, 46133 listed at $249,000 pairs $1,543/mo rent with a $1,219/mo payment to leave $48/mo cash flow. Total monthly income runs $1,543/mo, and annual cash flow reaches $576/yr on $82,544 cash to close. Return on cash invested measures 20.61% in year one, and rental yield registers 7.44% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 106.41% and total cumulative return in cash totals $87,836. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,543/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46133, Glenwood, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 347 (100%) |
| Owner Occupied HU | 250 (72.0%) |
| Renter Occupied HU | 47 (13.5%) |
| Vacant Housing Units | 50 (14.4%) |
| Median Home Value | $283,333 |
| Average Home Value | $311,800 |
Housing Distribution
Address Breakdown
Residential
229
Single Family
229
Multi-Family
0
Businesses
11
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Listed by: Rebecca Turney-Sparks • Twin Bridges Realty, LLC
Mls Name: RLMS
Mls Provider:
Mls ID: #10050854
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.