3341 W 900 SPonetoIN46781
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 Poneto at 3341 W 900 S, Poneto, IN, 46781 generates $1,996/mo in rent, after a $1,664/mo payment. Total monthly income is $1,996/mo. Return on cash invested sits at 19.43% in year one, and rental yield is 7.05% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 100.07% and total cumulative return in cash sums $112,751. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,996/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
2.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46781, Poneto, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 353 (100%) |
| Owner Occupied HU | 292 (82.7%) |
| Renter Occupied HU | 31 ( 8.8%) |
| Vacant Housing Units | 30 ( 8.5%) |
| Median Home Value | $218,293 |
| Average Home Value | $258,836 |
Housing Distribution
Address Breakdown
Residential
283
Single Family
283
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Billie Sexton • Keller Williams Thrive South
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521727
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.