301 E Sycamore St, Attica, IN, 47918 | 3.32% Rental Yield

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301 E Sycamore St, Attica, IN, 47918 | 3.32% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Attica at 301 E Sycamore St, Attica, IN, 47918 priced at $380,000 pairs $1,050/mo rent with after a $1,860/mo payment. Total monthly income equals $1,050/mo. Return on cash invested is 8.18% in year one, and rental yield stands at 3.32% on a $380,000 basis. Equity gained on principal adds $2,452/yr, and 5% annual appreciation accumulates to $104,987 by year five. Five-year ROI measures 39.71% and total cumulative return in cash reaches $50,017. For financing, Ziffy Mortgage’s DSCR program evaluates $1,050/mo property income against a $1,860/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1966

10,018 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 4-bedroom, 3 full bath ranch in a quiet Attica neighborhood, conveniently close to the schools. The spacious primary suite offers a relaxing retreat with a jacuzzi tub, separate shower, and double sinks. Enjoy outdoor living with a fenced yard, huge deck, tons of flowering perennials, a vegetable garden, and berry bushes. The home was originally built in 1966, but was fully remodeled in 1999, including the addition of 3 bedrooms, 2 baths, and the garage. Updates include all new plumbing and electrical wiring, insulation, and drywall, and much more recently, all new windows! Call your favorite realtor today to schedule a private showing!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47918, Attica, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,831 (100%)
Owner Occupied HU	1,954 (69.0%)
Renter Occupied HU	565 (20.0%)
Vacant Housing Units	312 (11.0%)
Median Home Value	$168,497
Average Home Value	$208,433