3001 N 350 ERolling PrairieIN46371
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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 Rolling Prairie at 3001 N 350 E, Rolling Prairie, IN, 46371 generates $2,777/mo in rent and, after a $1,505/mo payment, leaves $931/mo in cash flow. Total monthly income is $2,777/mo, and annual cash flow is $11,174/yr on $101,936 invested. Return on cash invested sits at 30.87% in year one, and rental yield is 10.84% on a $307,500 entry. Equity gained on principal adds $1,984/yr, while 5% annual appreciation builds toward $84,957 over five years. Five-year ROI reaches 161.42% and total cumulative return in cash sums $164,547. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,777/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46371, Rolling Prairie, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,628 (100%) |
| Owner Occupied HU | 1,287 (79.1%) |
| Renter Occupied HU | 127 ( 7.8%) |
| Vacant Housing Units | 214 (13.1%) |
| Median Home Value | $291,705 |
| Average Home Value | $332,247 |
Housing Distribution
Address Breakdown
Residential
1,373
Single Family
1,373
Multi-Family
0
Businesses
73
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Listed by: Ashley Kohler • Century 21 Circle
Mls Name: NIRA
Mls Provider:
Mls ID: #819763
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