2624 Fossil Stone RdDyerIN46311
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
Rental property for sale in Dyer at 2624 Fossil Stone Rd, Dyer, IN, 46311 generates $3,396/mo in rent and, after a $2,154/mo payment, leaves $754/mo in cash flow. Total monthly income is $3,396/mo, and annual cash flow is $9,052/yr on $145,860 invested. Return on cash invested sits at 26.11% in year one, and rental yield is 9.26% on a $440,000 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 135.89% and total cumulative return in cash sums $198,214. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,396/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
958.32 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46311, Dyer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,550 (100%) |
| Owner Occupied HU | 8,584 (89.9%) |
| Renter Occupied HU | 622 ( 6.5%) |
| Vacant Housing Units | 344 ( 3.6%) |
| Median Home Value | $335,628 |
| Average Home Value | $375,557 |
Housing Distribution
Address Breakdown
Residential
9,212
Single Family
8,996
Multi-Family
216
Businesses
509
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices