2645 W 1100 SGenevaIN46740
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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 Geneva at 2645 W 1100 S, Geneva, IN, 46740 generates $2,102/mo in rent and, after a $1,101/mo payment, leaves $752/mo in cash flow. Total monthly income is $2,102/mo, and annual cash flow is $9,021/yr on $74,554 invested. Return on cash invested sits at 32.01% in year one, and rental yield is 11.22% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 167.51% and total cumulative return in cash sums $124,885. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,102/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46740, Geneva, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,394 (100%) |
| Owner Occupied HU | 1,041 (74.7%) |
| Renter Occupied HU | 252 (18.1%) |
| Vacant Housing Units | 101 ( 7.2%) |
| Median Home Value | $231,954 |
| Average Home Value | $290,639 |
Housing Distribution
Address Breakdown
Residential
1,120
Single Family
1,080
Multi-Family
40
Businesses
56
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