3110 S Robyn DrPleasant LakeIN46779
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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 Pleasant Lake at 3110 S Robyn Dr, Pleasant Lake, IN, 46779 uses $66,267 cash to close to unlock $797/yr annual cash flow and $66/mo monthly cash flow. Total monthly income runs $1,266/mo, and a $978/mo payment keeps the spread at $66/mo. Purchase price stands at $199,900, and rental yield measures 7.6% with $1,266/mo rent. Return on cash invested shows 21.11% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 109.09% and total cumulative return in cash records $72,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,266/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46779, Pleasant Lake, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 906 (100%) |
| Owner Occupied HU | 632 (69.8%) |
| Renter Occupied HU | 96 (10.6%) |
| Vacant Housing Units | 178 (19.6%) |
| Median Home Value | $266,379 |
| Average Home Value | $297,441 |
Housing Distribution
Address Breakdown
Residential
740
Single Family
740
Multi-Family
0
Businesses
20
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Listed by: Christy Thomson • RE/MAX Results
Mls Name: IRMLS
Mls ID: #202526489