317 E Ripplewater AveBeverly ShoresIN46301
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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 Beverly Shores at 317 E Ripplewater Ave, Beverly Shores, IN, 46301 with 5% annual appreciation on a $735,000 basis while $3,626/mo rent supports operations. 5% in year one. Equity gained on principal adds $4,743/yr, and five-year appreciation sums $203,067 alongside rental yield of 5.92%. Five-year ROI measures 74.13% and total cumulative return in cash totals $179,268. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,626/mo property income versus a $3,597/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46301, Beverly Shores, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 489 (100%) |
| Owner Occupied HU | 278 (56.9%) |
| Renter Occupied HU | 32 ( 6.5%) |
| Vacant Housing Units | 179 (36.6%) |
| Median Home Value | $555,804 |
| Average Home Value | $600,225 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
48
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Listed by: Christina Kelly • Berkshire Hathaway HomeService
Mls Name: NIRA
Mls Provider:
Mls ID: #823375
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.