3018 W Baseline RdAlbionIN46701
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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
Investment property for sale in Albion at 3018 W Baseline Rd, Albion, IN, 46701 earns $501/mo cash flow from $2,236/mo rent with a $1,415/mo payment. Total monthly income totals $2,236/mo, and annual cash flow totals $6,008/yr on $95,804 capital. ROI tracks 26.18% on current figures, and rental yield reads 9.28% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 136.23% and total cumulative return in cash sums $130,514. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,236/mo property income instead of your personal income.
Single Family
Built in 1980
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46701, Albion, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,426 (100%) |
| Owner Occupied HU | 2,442 (71.3%) |
| Renter Occupied HU | 619 (18.1%) |
| Vacant Housing Units | 365 (10.7%) |
| Median Home Value | $253,894 |
| Average Home Value | $306,236 |
Housing Distribution
Address Breakdown
Residential
3,146
Single Family
3,146
Multi-Family
0
Businesses
188
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