303 Chiswell RunAvillaIN46710
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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 Avilla at 303 Chiswell Run, Avilla, IN, 46710 uses $113,373 cash to close to unlock $10,655/yr annual cash flow and $888/mo monthly cash flow. Total monthly income runs $2,941/mo, and a $1,674/mo payment keeps the spread at $888/mo. Purchase price stands at $342,000, and rental yield measures 10.32% with $2,941/mo rent. Return on cash invested shows 29.31% in year one, and 5% annual appreciation builds toward $94,488 over five years. Five-year ROI reaches 152.99% and total cumulative return in cash records $173,446. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,941/mo property income covering a $1,674/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46710, Avilla, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,877 (100%) |
| Owner Occupied HU | 1,417 (75.5%) |
| Renter Occupied HU | 376 (20.0%) |
| Vacant Housing Units | 84 ( 4.5%) |
| Median Home Value | $223,583 |
| Average Home Value | $252,929 |
Housing Distribution
Address Breakdown
Residential
1,680
Single Family
1,628
Multi-Family
52
Businesses
114
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Listed by: Shelly Gaff • Minear Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438014
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.