31118 Us Highway 20New CarlisleIN46552
Nearby investment properties with comparable rents
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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 New Carlisle at 31118 Us Highway 20, New Carlisle, IN, 46552 earns $303/mo cash flow from $1,383/mo rent with a $881/mo payment. Total monthly income totals $1,383/mo, and annual cash flow totals $3,630/yr on $59,670 capital. ROI tracks 25.99% on current figures, and rental yield reads 9.22% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 135.25% and total cumulative return in cash sums $80,705. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,383/mo property income instead of your personal income.
Single Family
Built in 1946
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46552, New Carlisle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,992 (100%) |
| Owner Occupied HU | 2,115 (70.7%) |
| Renter Occupied HU | 521 (17.4%) |
| Vacant Housing Units | 356 (11.9%) |
| Median Home Value | $262,293 |
| Average Home Value | $301,338 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
2,085
Multi-Family
102
Businesses
155
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Listed by: Kathy J Lampert • Century 21 Circle
Mls Name: IRMLS
Mls ID: #202536066