31 Blue Water Dr, Cicero, IN, 46034 | $330/mo Cash Flow

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Cicero at 31 Blue Water Dr, Cicero, IN, 46034 priced at $189,900 converts $1,469/mo rent into $330/mo cash flow after a $929/mo obligation. Total monthly income equals $1,469/mo, and annual cash flow totals $3,954/yr on $62,952 invested. Return on cash invested prints 26.19% in year one, and rental yield reads 9.28% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 136.32% and total cumulative return in cash sums $85,817. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,469/mo property income covering a $929/mo payment, not borrower’s personal income.

Manufactured

Built in 2023

4,791 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46034, Cicero, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,424 (100%)
Owner Occupied HU	2,743 (80.1%)
Renter Occupied HU	503 (14.7%)
Vacant Housing Units	178 ( 5.2%)
Median Home Value	$480,619
Average Home Value	$488,950