2604 Hogans AlyDecaturIN46733
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 Decatur at 2604 Hogans Aly, Decatur, IN, 46733 at $273,882 posts ROI 29.11% with $696/mo cash flow from $2,341/mo rent. Total monthly income equals $2,341/mo, and annual cash flow records $8,357/yr on $90,792 to close. Return on cash invested measures 29.11% and rental yield reads 10.26% at the current $273,882. Equity gained on principal adds $1,767/yr, and 5% annual appreciation supports $75,669 by year five. Five-year ROI prints 151.99% and total cumulative return in cash totals $137,996.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,341/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46733, Decatur, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,091 (100%) |
| Owner Occupied HU | 5,906 (73.0%) |
| Renter Occupied HU | 1,700 (21.0%) |
| Vacant Housing Units | 485 ( 6.0%) |
| Median Home Value | $216,630 |
| Average Home Value | $273,796 |
Housing Distribution
Address Breakdown
Residential
7,603
Single Family
7,462
Multi-Family
141
Businesses
584
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark R Bixler • Ideal REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202424206
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.