28236 Cedar Creek DrSunmanIN47041
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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 Sunman at 28236 Cedar Creek Dr, Sunman, IN, 47041 offers a 7.08% rental yield on a $340,200 purchase with $2,006/mo rent. 53% in year one. Equity gained on principal adds $2,195/yr while 5% annual appreciation supports $93,991 over five years. Portfolio math shows five-year ROI at 100.53% and total cumulative return in cash at $113,373. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,006/mo property income against a $1,665/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47041, Sunman, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,387 (100%) |
| Owner Occupied HU | 1,926 (80.7%) |
| Renter Occupied HU | 315 (13.2%) |
| Vacant Housing Units | 146 ( 6.1%) |
| Median Home Value | $280,480 |
| Average Home Value | $307,567 |
Housing Distribution
Address Breakdown
Residential
2,219
Single Family
2,191
Multi-Family
28
Businesses
95
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