285 S Ivanhoe RdKingsford HeightsIN46346
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 285 S Ivanhoe Rd, Kingsford Heights, IN, 46346 in Kingsford Heights. Rental yield 0%. At $229,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $63,268 in new equity by year five, complemented by $2,109/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Kingsford Heights market data in our database. Property projections are estimates.
Single Family
Built in 2025
7,274 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46346, Kingsford Heights, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 522 (100%) |
| Owner Occupied HU | 319 (61.1%) |
| Renter Occupied HU | 145 (27.8%) |
| Vacant Housing Units | 58 (11.1%) |
| Median Home Value | $109,012 |
| Average Home Value | $156,042 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 2025
7,274 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46346, Kingsford Heights, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 522 (100%) |
| Owner Occupied HU | 319 (61.1%) |
| Renter Occupied HU | 145 (27.8%) |
| Vacant Housing Units | 58 (11.1%) |
| Median Home Value | $109,012 |
| Average Home Value | $156,042 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Mary Beth Meyers • McColly Real Estate
Mls Name: NIRA
Mls ID: #834369