3395 S 600 WPleasant LakeIN46779
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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 Pleasant Lake at 3395 S 600 W, Pleasant Lake, IN, 46779 earns from $2,114/mo rent with a $2,570/mo payment. Total monthly income totals $2,114/mo. ROI tracks 12.85% on current figures, and rental yield reads 4.83% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 64.73% and total cumulative return in cash sums $111,813. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,114/mo property income instead of your personal income.
Single Family
Built in 1900
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46779, Pleasant Lake, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 906 (100%) |
| Owner Occupied HU | 632 (69.8%) |
| Renter Occupied HU | 96 (10.6%) |
| Vacant Housing Units | 178 (19.6%) |
| Median Home Value | $266,379 |
| Average Home Value | $297,441 |
Housing Distribution
Address Breakdown
Residential
740
Single Family
740
Multi-Family
0
Businesses
20
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Listed by: Tammy Johnson • RE/MAX Results - Angola office
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437168
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.