3345 E Us Highway 20AngolaIN46703
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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 Angola at 3345 E Us Highway 20, Angola, IN, 46703 generates $1,272/mo in rent, after a $1,346/mo payment. Total monthly income is $1,272/mo. Return on cash invested sits at 14.92% in year one, and rental yield is 5.55% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 75.91% and total cumulative return in cash sums $69,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,272/mo property income rather than buyer’s personal income.
Single Family
Built in 1850
10.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46703, Angola, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,798 (100%) |
| Owner Occupied HU | 5,429 (55.4%) |
| Renter Occupied HU | 2,052 (20.9%) |
| Vacant Housing Units | 2,317 (23.6%) |
| Median Home Value | $272,006 |
| Average Home Value | $345,110 |
Housing Distribution
Address Breakdown
Residential
7,691
Single Family
7,223
Multi-Family
468
Businesses
858
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