300 Grand StLigonierIN46767
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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 Ligonier at 300 Grand St, Ligonier, IN, 46767 offers $2,245/mo rent that, after a $1,608/mo payment, leaves $273/mo cash flow. Total monthly income is $2,245/mo, and annual cash flow is $3,275/yr on $108,898 cash. Return on cash invested measures 22.92% in year one, and rental yield stands at 8.2% at a $328,500 entry. Equity gained on principal adds $2,120/yr while 5% annual appreciation compounds into $90,758 by year five. Five-year ROI records 118.72% and total cumulative return in cash reaches $129,284. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,245/mo property income versus a $1,608/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1888
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46767, Ligonier, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,129 (100%) |
| Owner Occupied HU | 2,054 (65.6%) |
| Renter Occupied HU | 787 (25.2%) |
| Vacant Housing Units | 288 ( 9.2%) |
| Median Home Value | $234,753 |
| Average Home Value | $277,471 |
Housing Distribution
Address Breakdown
Residential
2,897
Single Family
2,811
Multi-Family
86
Businesses
222
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