408 Hancock AveNorth JudsonIN46366
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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 North Judson at 408 Hancock Ave, North Judson, IN, 46366 earns $255/mo cash flow from $1,246/mo rent with a $808/mo payment. Total monthly income totals $1,246/mo, and annual cash flow totals $3,061/yr on $54,698 capital. ROI tracks 25.51% on current figures, and rental yield reads 9.06% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 132.71% and total cumulative return in cash sums $72,587. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,246/mo property income instead of your personal income.
Single Family
Built in 1950
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46366, North Judson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,537 (100%) |
| Owner Occupied HU | 1,865 (73.5%) |
| Renter Occupied HU | 450 (17.7%) |
| Vacant Housing Units | 222 ( 8.8%) |
| Median Home Value | $171,776 |
| Average Home Value | $195,007 |
Housing Distribution
Address Breakdown
Residential
2,426
Single Family
2,395
Multi-Family
31
Businesses
115
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Listed by: Brent Stegenga • Complete Asset Protection Serv
Mls Name: NIRA
Mls ID: #832992