3693 W 1300 NSilver LakeIN46982
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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 Silver Lake at 3693 W 1300 N, Silver Lake, IN, 46982 offers a 5.11% rental yield on a $409,900 purchase with $1,747/mo rent. 61% in year one. Equity gained on principal adds $2,645/yr while 5% annual appreciation supports $113,248 over five years. Portfolio math shows five-year ROI at 68.82% and total cumulative return in cash at $93,508. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,747/mo property income against a $2,006/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
3.62 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Keli Cordill • Tri Oaks Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512881
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