305 Hill DrCambridge CityIN47327
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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 Cambridge City at 305 Hill Dr, Cambridge City, IN, 47327 uses $53,239 cash to close to unlock $8,100/yr annual cash flow and $675/mo monthly cash flow. Total monthly income runs $1,639/mo, and a $786/mo payment keeps the spread at $675/mo. Purchase price stands at $160,600, and rental yield measures 12.25% with $1,639/mo rent. Return on cash invested shows 35.12% in year one, and 5% annual appreciation builds toward $44,371 over five years. Five-year ROI reaches 184.17% and total cumulative return in cash records $98,050. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,639/mo property income covering a $786/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47327, Cambridge City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,327 (100%) |
| Owner Occupied HU | 1,565 (67.3%) |
| Renter Occupied HU | 535 (23.0%) |
| Vacant Housing Units | 227 ( 9.8%) |
| Median Home Value | $178,159 |
| Average Home Value | $225,029 |
Housing Distribution
Address Breakdown
Residential
1,738
Single Family
1,657
Multi-Family
81
Businesses
152
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Listed by: N/A • N/A
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