3319 S Montezuma StMeccaIN47860
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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 Mecca at 3319 S Montezuma St, Mecca, IN, 47860 generates $0/mo in rent, after a $1,366/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.83% in year one, and rental yield is 0% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47860, Mecca, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 83 (100%) |
| Owner Occupied HU | 60 (72.3%) |
| Renter Occupied HU | 8 ( 9.6%) |
| Vacant Housing Units | 15 (18.1%) |
| Median Home Value | $125,000 |
| Average Home Value | $164,625 |
Housing Distribution
Address Breakdown
Residential
97
Single Family
97
Multi-Family
0
Businesses
7
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No similar rental properties found nearby.
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