35 Ln 520b Lake James UNIT 3FremontIN46737
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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 Fremont at 35 Ln 520b Lake James UNIT 3, Fremont, IN, 46737 uses $120,998 cash to close to unlock $10,770/yr annual cash flow and $897/mo monthly cash flow. Total monthly income runs $3,238/mo, and a $1,786/mo payment keeps the spread at $897/mo. Purchase price stands at $365,000, and rental yield measures 10.65% with $3,238/mo rent. Return on cash invested shows 28.81% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 150.88% and total cumulative return in cash records $182,563. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,238/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
$150 monthly 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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Listed by: Tyler Dohner • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202536889
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.