2902 S 975 EZionsvilleIN46077
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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
Total monthly income runs $2,520/mo, and a $7,709/mo payment. Purchase price stands at $1,575,000, and rental yield measures 1.92% with $2,520/mo rent. Return on cash invested shows 4.06% in year one, and 5% annual appreciation builds toward $435,143 over five years. Five-year ROI reaches 17.52% and total cumulative return in cash records $89,402. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $7,709/mo payment rather than investor’s personal income.
Single Family
Built in 1942
5.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46077, Zionsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,386 (100%) |
| Owner Occupied HU | 10,067 (75.2%) |
| Renter Occupied HU | 2,624 (19.6%) |
| Vacant Housing Units | 695 ( 5.2%) |
| Median Home Value | $557,806 |
| Average Home Value | $598,482 |
Housing Distribution
Address Breakdown
Residential
13,216
Single Family
11,385
Multi-Family
1,831
Businesses
1,009
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Listed by: Mike Deck • Berkshire Hathaway Home
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22063700