29506 Voyles RoadBordenIN47165
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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
Rental property for sale in Borden at 29506 Voyles Road, Borden, IN, 47165 generates $1,501/mo in rent and, after a $954/mo payment, leaves $331/mo in cash flow. Total monthly income is $1,501/mo, and annual cash flow is $3,972/yr on $64,609 invested. Return on cash invested sits at 26.06% in year one, and rental yield is 9.24% on a $194,900 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 135.55% and total cumulative return in cash sums $87,579. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,501/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
1.10 Acres lot
$N/A/sqft
No HOA
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Listed by: Bob Murphy • RE/MAX Advantage
Mls Name: SIRA
Mls Provider:
Mls ID: #202508697
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.