270 E 620 NFremontIN46737
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 Fremont at 270 E 620 N, Fremont, IN, 46737 generates $3,409/mo in rent and, after a $1,933/mo payment, leaves $1,038/mo in cash flow. Total monthly income is $3,409/mo, and annual cash flow is $12,459/yr on $130,943 invested. Return on cash invested sits at 29.42% in year one, and rental yield is 10.36% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 153.64% and total cumulative return in cash sums $201,186. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,409/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46737, Fremont, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,505 (100%) |
| Owner Occupied HU | 2,509 (55.7%) |
| Renter Occupied HU | 455 (10.1%) |
| Vacant Housing Units | 1,541 (34.2%) |
| Median Home Value | $310,137 |
| Average Home Value | $424,275 |
Housing Distribution
Address Breakdown
Residential
2,870
Single Family
2,870
Multi-Family
0
Businesses
215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices