2692 N Morning Glory AveRolling PrairieIN46371
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 Rolling Prairie at 2692 N Morning Glory Ave, Rolling Prairie, IN, 46371 offers a 5.31% rental yield on a $444,900 purchase with $1,970/mo rent. 2% in year one. Equity gained on principal adds $2,871/yr while 5% annual appreciation supports $122,918 over five years. Portfolio math shows five-year ROI at 72% and total cumulative return in cash at $106,189. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,970/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46371, Rolling Prairie, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,628 (100%) |
| Owner Occupied HU | 1,287 (79.1%) |
| Renter Occupied HU | 127 ( 7.8%) |
| Vacant Housing Units | 214 (13.1%) |
| Median Home Value | $291,705 |
| Average Home Value | $332,247 |
Housing Distribution
Address Breakdown
Residential
1,373
Single Family
1,373
Multi-Family
0
Businesses
73
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teresa Brown • JMG Indiana
Mls Name: IRMLS
Mls ID: #202536290