3272 E County Road 800 NAlexandriaIN46001
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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
Rental property for sale in Alexandria at 3272 E County Road 800 N, Alexandria, IN, 46001 generates $1,320/mo in rent and, after a $685/mo payment, leaves $480/mo in cash flow. Total monthly income is $1,320/mo, and annual cash flow is $5,759/yr on $46,377 invested. Return on cash invested sits at 32.33% in year one, and rental yield is 11.32% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 169.2% and total cumulative return in cash sums $78,471. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1938
1.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46001, Alexandria, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,069 (100%) |
| Owner Occupied HU | 3,388 (66.8%) |
| Renter Occupied HU | 1,108 (21.9%) |
| Vacant Housing Units | 573 (11.3%) |
| Median Home Value | $178,912 |
| Average Home Value | $205,941 |
Housing Distribution
Address Breakdown
Residential
4,471
Single Family
4,461
Multi-Family
10
Businesses
216
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Listed by: Kathy J Smith • NextHome Elite Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508745
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.