3659 N Mexico RdMexicoIN46958
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mexico at 3659 N Mexico Rd, Mexico, IN, 46958 uses $54,698 cash to close to unlock $925/yr annual cash flow and $77/mo monthly cash flow. Total monthly income runs $1,068/mo, and a $808/mo payment keeps the spread at $77/mo. Purchase price stands at $165,000, and rental yield measures 7.77% with $1,068/mo rent. Return on cash invested shows 21.6% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 111.76% and total cumulative return in cash records $61,127. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,068/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46958, Mexico, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 136 (100%) |
| Owner Occupied HU | 115 (84.6%) |
| Renter Occupied HU | 13 ( 9.6%) |
| Vacant Housing Units | 8 ( 5.9%) |
| Median Home Value | $145,833 |
| Average Home Value | $199,978 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices