300 S Evans StSaratogaIN47382
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 Saratoga at 300 S Evans St, Saratoga, IN, 47382 priced at $177,000 pairs $1,318/mo rent with $256/mo cash flow after a $866/mo payment. Total monthly income equals $1,318/mo, and annual cash flow comes to $3,070/yr on $58,676 invested. Return on cash invested is 25.14% in year one, and rental yield stands at 8.94% on a $177,000 basis. Equity gained on principal adds $1,142/yr, and 5% annual appreciation accumulates to $48,902 by year five. Five-year ROI measures 130.64% and total cumulative return in cash reaches $76,655. For financing, Ziffy Mortgage’s DSCR program evaluates $1,318/mo property income against a $866/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1906
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47382, Saratoga, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 108 (100%) |
| Owner Occupied HU | 70 (64.8%) |
| Renter Occupied HU | 13 (12.0%) |
| Vacant Housing Units | 25 (23.1%) |
| Median Home Value | $165,789 |
| Average Home Value | $180,964 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices