3036 SE Lakeshore Dr, Macy, IN, 46951 | 5.36% Rental Yield

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1182 sft

922 State St, Logansport, IN, 46947

2 Bed
1 Bath
1140 sft

6300 Logansport Rd, Logansport, IN, 46947

3 Bed
1 Bath
1156 sft

1020 N 700 E, Rochester, IN, 46975

2 Bed
1 Bath
936 sft

471 Van Buren Ave, Peru, IN, 46970

Nearby investment properties with comparable prices

3 Bed
1 Bath
1878 sft

4100 W 525 S, Claypool, IN, 46510

3 Bed
2 Bath
2040 sft

2590 W Maple Dr, Peru, IN, 46970

3 Bed
2 Bath
2481 sft

4231 Jamestown Dr, Logansport, IN, 46947

3 Bed
3 Bath
3412 sft

812 E Rochester St, Akron, IN, 46910

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Macy at 3036 SE Lakeshore Dr, Macy, IN, 46951 offers a 5.36% rental yield on a $289,500 purchase with $1,292/mo rent. 33% in year one. Equity gained on principal adds $1,868/yr while 5% annual appreciation supports $79,984 over five years. Portfolio math shows five-year ROI at 72.74% and total cumulative return in cash at $69,807. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,292/mo property income against a $1,417/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1961

4,181 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46951, Macy, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,054 (100%)
Owner Occupied HU	742 (70.4%)
Renter Occupied HU	101 ( 9.6%)
Vacant Housing Units	211 (20.0%)
Median Home Value	$232,673
Average Home Value	$296,270