2916 Lodgepole DrWhitelandIN46184
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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 Whiteland at 2916 Lodgepole Dr, Whiteland, IN, 46184 uses $105,749 cash to close to unlock $8,033/yr annual cash flow and $669/mo monthly cash flow. Total monthly income runs $2,584/mo, and a $1,561/mo payment keeps the spread at $669/mo. Purchase price stands at $319,000, and rental yield measures 9.72% with $2,584/mo rent. Return on cash invested shows 27.51% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 143.34% and total cumulative return in cash records $151,585. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,584/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 2003
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46184, Whiteland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 4,390 (84.6%) |
| Renter Occupied HU | 740 (14.3%) |
| Vacant Housing Units | 60 ( 1.2%) |
| Median Home Value | $261,290 |
| Average Home Value | $282,753 |
Housing Distribution
Address Breakdown
Residential
5,129
Single Family
5,129
Multi-Family
0
Businesses
293
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