400 S Liberty StHobartIN46342
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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 Hobart at 400 S Liberty St, Hobart, IN, 46342 at $215,000 posts ROI 23.25% with $199/mo cash flow from $1,489/mo rent. Total monthly income equals $1,489/mo, and annual cash flow records $2,385/yr on $71,273 to close. Return on cash invested measures 23.25% and rental yield reads 8.31% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 120.55% and total cumulative return in cash totals $85,921.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,489/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46342, Hobart, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,699 (100%) |
| Owner Occupied HU | 9,996 (73.0%) |
| Renter Occupied HU | 2,806 (20.5%) |
| Vacant Housing Units | 897 ( 6.5%) |
| Median Home Value | $231,713 |
| Average Home Value | $262,010 |
Housing Distribution
Address Breakdown
Residential
13,166
Single Family
11,782
Multi-Family
1,384
Businesses
705
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