330 W McKeever StAndrewsIN46702
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Andrews at 330 W McKeever St, Andrews, IN, 46702 offers $1,422/mo rent that, after a $929/mo payment, leaves $283/mo cash flow. Total monthly income is $1,422/mo, and annual cash flow is $3,390/yr on $62,952 cash. Return on cash invested measures 25.29% in year one, and rental yield stands at 8.99% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 131.52% and total cumulative return in cash reaches $82,793. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,422/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46702, Andrews, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 956 (100%) |
| Owner Occupied HU | 708 (74.1%) |
| Renter Occupied HU | 139 (14.5%) |
| Vacant Housing Units | 109 (11.4%) |
| Median Home Value | $245,000 |
| Average Home Value | $276,691 |
Housing Distribution
Address Breakdown
Residential
788
Single Family
763
Multi-Family
25
Businesses
35
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Nearby investment properties with comparable prices