303 Webster AvePlymouthIN46563
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Nearby investment properties with comparable prices
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 Plymouth at 303 Webster Ave, Plymouth, IN, 46563 priced at $197,000 pairs $1,581/mo rent with $399/mo cash flow after a $964/mo payment. Total monthly income equals $1,581/mo, and annual cash flow comes to $4,784/yr on $65,306 invested. Return on cash invested is 27.23% in year one, and rental yield stands at 9.63% on a $197,000 basis. Equity gained on principal adds $1,271/yr, and 5% annual appreciation accumulates to $54,427 by year five. Five-year ROI measures 141.9% and total cumulative return in cash reaches $92,666. For financing, Ziffy Mortgage’s DSCR program evaluates $1,581/mo property income against a $964/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46563, Plymouth, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,990 (100%) |
| Owner Occupied HU | 6,786 (67.9%) |
| Renter Occupied HU | 2,320 (23.2%) |
| Vacant Housing Units | 884 ( 8.8%) |
| Median Home Value | $222,571 |
| Average Home Value | $253,754 |
Housing Distribution
Address Breakdown
Residential
9,452
Single Family
8,969
Multi-Family
483
Businesses
910
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Listed by: Shannon K Lunetta • RE/MAX OAK CREST -PLYMOUTH
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508978
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.