308 Park AveGoshenIN46526
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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 Goshen at 308 Park Ave, Goshen, IN, 46526 earns $558/mo cash flow from $1,703/mo rent with a $925/mo payment. Total monthly income totals $1,703/mo, and annual cash flow totals $6,701/yr on $62,654 capital. ROI tracks 30.6% on current figures, and rental yield reads 10.81% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 160.06% and total cumulative return in cash sums $100,282. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,703/mo property income instead of your personal income.
Single Family
Built in 1945
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46526, Goshen, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,063 (100%) |
| Owner Occupied HU | 8,487 (65.0%) |
| Renter Occupied HU | 3,852 (29.5%) |
| Vacant Housing Units | 724 ( 5.5%) |
| Median Home Value | $226,148 |
| Average Home Value | $269,072 |
Housing Distribution
Address Breakdown
Residential
12,628
Single Family
11,718
Multi-Family
910
Businesses
830
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Listed by: Jenna C Jones • Berkshire Hathaway HomeServices Goshen
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436207
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.