404 Gold Leaf Ln, Culver, IN, 46511 | 6.41% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,644/mo, and a $2,423/mo payment. Purchase price stands at $495,000, and rental yield measures 6.41% with $2,644/mo rent. Return on cash invested shows 17.51% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 89.76% and total cumulative return in cash records $147,286. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,644/mo property income covering a $2,423/mo payment rather than investor’s personal income.

Condo

Built in 2018

9.70 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46511, Culver, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,586 (100%)
Owner Occupied HU	1,377 (53.2%)
Renter Occupied HU	351 (13.6%)
Vacant Housing Units	858 (33.2%)
Median Home Value	$281,641
Average Home Value	$400,922