3980 E Church StHamiltonIN46742
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
Rental property for sale in Hamilton at 3980 E Church St, Hamilton, IN, 46742 offers $1,652/mo rent that, after a $1,322/mo payment, leaves $31/mo cash flow. Total monthly income is $1,652/mo, and annual cash flow is $369/yr on $89,505 cash. Return on cash invested measures 20.32% in year one, and rental yield stands at 7.34% at a $270,000 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 104.83% and total cumulative return in cash reaches $93,829. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,652/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
4,007 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
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Listed by: Christina Koher • RE/MAX Results - Angola office
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517346
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.