320 Lane 120 Hamilton LkHamiltonIN46742
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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
Total monthly income runs $1,442/mo, and a $1,346/mo payment. Purchase price stands at $274,900, and rental yield measures 6.29% with $1,442/mo rent. Return on cash invested shows 17.17% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 87.97% and total cumulative return in cash records $80,163. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,442/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1900
3,898 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46742, Hamilton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,165 (100%) |
| Owner Occupied HU | 1,271 (58.7%) |
| Renter Occupied HU | 197 ( 9.1%) |
| Vacant Housing Units | 697 (32.2%) |
| Median Home Value | $357,713 |
| Average Home Value | $393,855 |
Housing Distribution
Address Breakdown
Residential
1,527
Single Family
1,527
Multi-Family
0
Businesses
82
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Listed by: Gabe Cerny • RE/MAX Results - Angola office
Mls Name: IRMLS
Mls Provider:
Mls ID: #202527633
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