406 W Linden StColfaxIN46035
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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 Colfax at 406 W Linden St, Colfax, IN, 46035 at $142,000 posts ROI 28.31% with $330/mo cash flow from $1,182/mo rent. Total monthly income equals $1,182/mo, and annual cash flow records $3,955/yr on $47,073 to close. Return on cash invested measures 28.31% and rental yield reads 9.99% at the current $142,000. Equity gained on principal adds $916/yr, and 5% annual appreciation supports $39,232 by year five. Five-year ROI prints 147.68% and total cumulative return in cash totals $69,518.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,182/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
4.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46035, Colfax, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 476 (100%) |
| Owner Occupied HU | 347 (72.9%) |
| Renter Occupied HU | 95 (20.0%) |
| Vacant Housing Units | 34 ( 7.1%) |
| Median Home Value | $200,556 |
| Average Home Value | $234,705 |
Housing Distribution
Address Breakdown
Residential
378
Single Family
378
Multi-Family
0
Businesses
28
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