3475 W Nevada Mills RdFremontIN46737
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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 Fremont at 3475 W Nevada Mills Rd, Fremont, IN, 46737 generates $1,992/mo in rent and, after a $1,297/mo payment, leaves $401/mo in cash flow. Total monthly income is $1,992/mo, and annual cash flow is $4,817/yr on $87,814 invested. Return on cash invested sits at 25.39% in year one, and rental yield is 9.02% on a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 132.06% and total cumulative return in cash sums $115,964. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,992/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46737, Fremont, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,505 (100%) |
| Owner Occupied HU | 2,509 (55.7%) |
| Renter Occupied HU | 455 (10.1%) |
| Vacant Housing Units | 1,541 (34.2%) |
| Median Home Value | $310,137 |
| Average Home Value | $424,275 |
Housing Distribution
Address Breakdown
Residential
2,870
Single Family
2,870
Multi-Family
0
Businesses
215
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