2647 E Lapoint DrMilfordIN46542
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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 Milford at 2647 E Lapoint Dr, Milford, IN, 46542 listed at $409,900 pairs $2,389/mo rent with a $2,006/mo payment. Total monthly income runs $2,389/mo. Return on cash invested measures 19.28% in year one, and rental yield registers 6.99% at a $409,900 basis. Equity gained on principal adds $2,645/yr, and annual property appreciation at 5% supports $113,248 by year five. Five-year ROI tracks 99.22% and total cumulative return in cash totals $134,824. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,389/mo property income relative to a $2,006/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46542, Milford, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,809 (100%) |
| Owner Occupied HU | 1,401 (77.4%) |
| Renter Occupied HU | 284 (15.7%) |
| Vacant Housing Units | 124 ( 6.9%) |
| Median Home Value | $269,483 |
| Average Home Value | $330,842 |
Housing Distribution
Address Breakdown
Residential
1,603
Single Family
1,603
Multi-Family
0
Businesses
96
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