29 Point LnArcadiaIN46030
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 Arcadia at 29 Point Ln, Arcadia, IN, 46030 offers $2,926/mo rent that, after a $3,916/mo payment. Total monthly income is $2,926/mo. Return on cash invested measures 11.5% in year one, and rental yield stands at 4.39% at a $800,000 entry. Equity gained on principal adds $5,162/yr while 5% annual appreciation compounds into $221,025 by year five. Five-year ROI records 57.5% and total cumulative return in cash reaches $151,328. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,926/mo property income versus a $3,916/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46030, Arcadia, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,284 (100%) |
| Owner Occupied HU | 944 (73.5%) |
| Renter Occupied HU | 273 (21.3%) |
| Vacant Housing Units | 67 ( 5.2%) |
| Median Home Value | $326,429 |
| Average Home Value | $423,350 |
Housing Distribution
Address Breakdown
Residential
761
Single Family
761
Multi-Family
0
Businesses
61
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