3515 Condit StHighlandIN46322
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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 Highland at 3515 Condit St, Highland, IN, 46322 at $329,900 posts ROI 27.58% with $699/mo cash flow from $2,765/mo rent. Total monthly income equals $2,765/mo, and annual cash flow records $8,393/yr on $109,362 to close. Return on cash invested measures 27.58% and rental yield reads 10.06% at the current $329,900. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 by year five. Five-year ROI prints 144.12% and total cumulative return in cash totals $157,611.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,765/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1941
10,637 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46322, Highland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,588 (100%) |
| Owner Occupied HU | 7,922 (74.8%) |
| Renter Occupied HU | 2,280 (21.5%) |
| Vacant Housing Units | 386 ( 3.6%) |
| Median Home Value | $243,747 |
| Average Home Value | $271,248 |
Housing Distribution
Address Breakdown
Residential
10,380
Single Family
8,500
Multi-Family
1,880
Businesses
918
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Listed by: Brian Oster • @properties/Christie's Intl RE
Mls Name: NIRA
Mls Provider:
Mls ID: #818001
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