300 S A StElwoodIN46036
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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 Elwood at 300 S A St, Elwood, IN, 46036 generates $899/mo in rent, after a $751/mo payment. Total monthly income is $899/mo. Return on cash invested sits at 19.39% in year one, and rental yield is 7.03% on a $153,500 entry. Equity gained on principal adds $991/yr, while 5% annual appreciation builds toward $42,409 over five years. Five-year ROI reaches 99.8% and total cumulative return in cash sums $50,785. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $899/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46036, Elwood, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,548 (100%) |
| Owner Occupied HU | 3,484 (62.8%) |
| Renter Occupied HU | 1,409 (25.4%) |
| Vacant Housing Units | 655 (11.8%) |
| Median Home Value | $163,312 |
| Average Home Value | $204,644 |
Housing Distribution
Address Breakdown
Residential
5,172
Single Family
4,951
Multi-Family
221
Businesses
314
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