35 Manchester Dr #438RHZTrafalgarIN46181
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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 Trafalgar at 35 Manchester Dr #438RHZ, Trafalgar, IN, 46181 generates $3,322/mo in rent and, after a $2,324/mo payment, leaves $472/mo in cash flow. Total monthly income is $3,322/mo, and annual cash flow is $5,661/yr on $157,396 invested. Return on cash invested sits at 23.51% in year one, and rental yield is 8.4% on a $474,800 entry. Equity gained on principal adds $3,064/yr, while 5% annual appreciation builds toward $131,178 over five years. Five-year ROI reaches 121.88% and total cumulative return in cash sums $191,836. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,322/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46181, Trafalgar, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,202 (100%) |
| Owner Occupied HU | 1,824 (82.8%) |
| Renter Occupied HU | 233 (10.6%) |
| Vacant Housing Units | 145 ( 6.6%) |
| Median Home Value | $370,229 |
| Average Home Value | $392,205 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
2,189
Multi-Family
0
Businesses
124
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