3797 E 700 NUrbanaIN46990
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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 Urbana at 3797 E 700 N, Urbana, IN, 46990 generates $1,398/mo in rent, after a $1,786/mo payment. Total monthly income is $1,398/mo. Return on cash invested sits at 12.05% in year one, and rental yield is 4.6% on a $364,900 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 60.45% and total cumulative return in cash sums $73,128. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,398/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
2.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46990, Urbana, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 332 (100%) |
| Owner Occupied HU | 278 (83.7%) |
| Renter Occupied HU | 27 ( 8.1%) |
| Vacant Housing Units | 27 ( 8.1%) |
| Median Home Value | $270,408 |
| Average Home Value | $384,514 |
Housing Distribution
Address Breakdown
Residential
228
Single Family
228
Multi-Family
0
Businesses
14
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