322 S Chicago StRoyal CenterIN46978
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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 Royal Center at 322 S Chicago St, Royal Center, IN, 46978 at $105,000 posts ROI 25.62% with $166/mo cash flow from $796/mo rent. Total monthly income equals $796/mo, and annual cash flow records $1,987/yr on $34,808 to close. Return on cash invested measures 25.62% and rental yield reads 9.1% at the current $105,000. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 by year five. Five-year ROI prints 133.29% and total cumulative return in cash totals $46,394.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $796/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46978, Royal Center, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 899 (100%) |
| Owner Occupied HU | 694 (77.2%) |
| Renter Occupied HU | 128 (14.2%) |
| Vacant Housing Units | 77 ( 8.6%) |
| Median Home Value | $170,000 |
| Average Home Value | $179,362 |
Housing Distribution
Address Breakdown
Residential
556
Single Family
556
Multi-Family
0
Businesses
40
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Listed by: Joseph Vigliano • Indianapolis Realty Services
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22079824