3910 E Bellefontaine RdHamiltonIN46742
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 Hamilton at 3910 E Bellefontaine Rd, Hamilton, IN, 46742 listed at $475,000 pairs $1,143/mo rent with a $2,325/mo payment. Total monthly income runs $1,143/mo. Return on cash invested measures 6.89% in year one, and rental yield registers 2.89% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 32.78% and total cumulative return in cash totals $51,619. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,143/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1918
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46742, Hamilton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,165 (100%) |
| Owner Occupied HU | 1,271 (58.7%) |
| Renter Occupied HU | 197 ( 9.1%) |
| Vacant Housing Units | 697 (32.2%) |
| Median Home Value | $357,713 |
| Average Home Value | $393,855 |
Housing Distribution
Address Breakdown
Residential
1,527
Single Family
1,527
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kate Walker • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516788
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.