35 Manchester Dr #7TGO5NTrafalgarIN46181
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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 #7TGO5N, Trafalgar, IN, 46181 generates $3,038/mo in rent and, after a $1,953/mo payment, leaves $543/mo in cash flow. Total monthly income is $3,038/mo, and annual cash flow is $6,513/yr on $132,269 invested. Return on cash invested sits at 24.83% in year one, and rental yield is 9.14% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 129.32% and total cumulative return in cash sums $171,050. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,038/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
$100 monthly 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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