3314 Hemlock StWhitelandIN46184
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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 Whiteland at 3314 Hemlock St, Whiteland, IN, 46184 generates $1,947/mo in rent and, after a $1,419/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,947/mo, and annual cash flow is $2,480/yr on $96,102 invested. Return on cash invested sits at 22.49% in year one, and rental yield is 8.06% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 116.45% and total cumulative return in cash sums $111,909. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,947/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46184, Whiteland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 4,390 (84.6%) |
| Renter Occupied HU | 740 (14.3%) |
| Vacant Housing Units | 60 ( 1.2%) |
| Median Home Value | $261,290 |
| Average Home Value | $282,753 |
Housing Distribution
Address Breakdown
Residential
5,129
Single Family
5,129
Multi-Family
0
Businesses
293
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