2721 N Morning Glory AveRolling PrairieIN46371
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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 Rolling Prairie at 2721 N Morning Glory Ave, Rolling Prairie, IN, 46371 priced at $345,900 pairs $3,000/mo rent with $924/mo cash flow after a $1,693/mo payment. Total monthly income equals $3,000/mo, and annual cash flow comes to $11,083/yr on $114,666 invested. Return on cash invested is 29.57% in year one, and rental yield stands at 10.41% on a $345,900 basis. Equity gained on principal adds $2,232/yr, and 5% annual appreciation accumulates to $95,566 by year five. Five-year ROI measures 154.44% and total cumulative return in cash reaches $177,095. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $1,693/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
0.63 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
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Listed by: Stacey Matthys • Brokerworks Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512946
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.