26 Freeman DrRossvilleIN46065
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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 Rossville at 26 Freeman Dr, Rossville, IN, 46065 offers $2,420/mo rent that, after a $1,884/mo payment, leaves $109/mo cash flow. Total monthly income is $2,420/mo, and annual cash flow is $1,311/yr on $127,628 cash. Return on cash invested measures 20.94% in year one, and rental yield stands at 7.54% at a $385,000 entry. Equity gained on principal adds $2,484/yr while 5% annual appreciation compounds into $106,368 by year five. Five-year ROI records 108.13% and total cumulative return in cash reaches $137,998. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,420/mo property income versus a $1,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46065, Rossville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,437 (100%) |
| Owner Occupied HU | 1,126 (78.4%) |
| Renter Occupied HU | 234 (16.3%) |
| Vacant Housing Units | 77 ( 5.4%) |
| Median Home Value | $238,670 |
| Average Home Value | $288,730 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,091
Multi-Family
16
Businesses
76
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Listed by: Robyn Bower • The Real Estate Agency
Mls Name: IRMLS
Mls Provider:
Mls ID: #202533224
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.