3391 N Cedar Gap LaneBirdseyeIN47513
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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
Investment property for sale in Birdseye at 3391 N Cedar Gap Lane, Birdseye, IN, 47513 earns from $1,175/mo rent with a $1,395/mo payment. Total monthly income totals $1,175/mo. ROI tracks 13.1% on current figures, and rental yield reads 4.95% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 66.14% and total cumulative return in cash sums $62,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,175/mo property income instead of your personal income.
Single Family
Built in 2000
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47513, Birdseye, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,423 (100%) |
| Owner Occupied HU | 738 (51.9%) |
| Renter Occupied HU | 156 (11.0%) |
| Vacant Housing Units | 529 (37.2%) |
| Median Home Value | $178,704 |
| Average Home Value | $205,854 |
Housing Distribution
Address Breakdown
Residential
892
Single Family
892
Multi-Family
0
Businesses
34
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