3170 N Meridian RdCamdenIN46917
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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 Camden at 3170 N Meridian Rd, Camden, IN, 46917 at $419,500 posts ROI 19.17% with from $2,432/mo rent. Total monthly income equals $2,432/mo. Return on cash invested measures 19.17% and rental yield reads 6.96% at the current $419,500. Equity gained on principal adds $2,707/yr, and 5% annual appreciation supports $115,900 by year five. Five-year ROI prints 98.64% and total cumulative return in cash totals $137,178. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,432/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
18.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46917, Camden, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 761 (100%) |
| Owner Occupied HU | 612 (80.4%) |
| Renter Occupied HU | 104 (13.7%) |
| Vacant Housing Units | 45 ( 5.9%) |
| Median Home Value | $160,000 |
| Average Home Value | $200,041 |
Housing Distribution
Address Breakdown
Residential
512
Single Family
512
Multi-Family
0
Businesses
39
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Listed by: Bret R Rinehart • Rinehart Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518105
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.