344 S State Road 2HebronIN46341
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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 Hebron at 344 S State Road 2, Hebron, IN, 46341 listed at $300,000 pairs $2,290/mo rent with a $1,468/mo payment to leave $490/mo cash flow. Total monthly income runs $2,290/mo, and annual cash flow reaches $5,874/yr on $99,450 cash to close. Return on cash invested measures 25.82% in year one, and rental yield registers 9.16% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 134.29% and total cumulative return in cash totals $133,548. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,290/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
1.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46341, Hebron, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,527 (82.7%) |
| Renter Occupied HU | 584 (13.7%) |
| Vacant Housing Units | 155 ( 3.6%) |
| Median Home Value | $317,044 |
| Average Home Value | $336,961 |
Housing Distribution
Address Breakdown
Residential
3,973
Single Family
3,553
Multi-Family
420
Businesses
133
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Listed by: Crystal Soliday • @properties/Christie's Intl RE
Mls Name: NIRA
Mls Provider:
Mls ID: #823665
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