3003 E 500 NCamdenIN46917
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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 Camden at 3003 E 500 N, Camden, IN, 46917 generates $2,024/mo in rent and, after a $1,199/mo payment, leaves $553/mo in cash flow. Total monthly income is $2,024/mo, and annual cash flow is $6,642/yr on $81,218 invested. Return on cash invested sits at 28.09% in year one, and rental yield is 9.91% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 146.48% and total cumulative return in cash sums $118,968. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,024/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46917, Camden, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 761 (100%) |
| Owner Occupied HU | 612 (80.4%) |
| Renter Occupied HU | 104 (13.7%) |
| Vacant Housing Units | 45 ( 5.9%) |
| Median Home Value | $160,000 |
| Average Home Value | $200,041 |
Housing Distribution
Address Breakdown
Residential
512
Single Family
512
Multi-Family
0
Businesses
39
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