2940 N Stanford Woods DrSolsberryIN47459
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 Solsberry at 2940 N Stanford Woods Dr, Solsberry, IN, 47459 generates $1,326/mo in rent, after a $1,346/mo payment. Total monthly income is $1,326/mo. Return on cash invested sits at 15.63% in year one, and rental yield is 5.79% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 79.7% and total cumulative return in cash sums $72,659. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,326/mo property income rather than buyer’s personal income.
Manufactured
Built in 2007
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47459, Solsberry, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,476 (100%) |
| Owner Occupied HU | 1,148 (77.8%) |
| Renter Occupied HU | 155 (10.5%) |
| Vacant Housing Units | 173 (11.7%) |
| Median Home Value | $262,500 |
| Average Home Value | $281,529 |
Housing Distribution
Address Breakdown
Residential
1,519
Single Family
1,519
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tya Hanna • Town Manor Real Estate LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202533668
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.