409 W South StHebronIN46341
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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 Hebron at 409 W South St, Hebron, IN, 46341 at $249,450 posts ROI 22.82% with $201/mo cash flow from $1,698/mo rent. Total monthly income equals $1,698/mo, and annual cash flow records $2,406/yr on $82,693 to close. Return on cash invested measures 22.82% and rental yield reads 8.17% at the current $249,450. Equity gained on principal adds $1,610/yr, and 5% annual appreciation supports $68,918 by year five. Five-year ROI prints 118.22% and total cumulative return in cash totals $97,757.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,698/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1999
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46341, Hebron, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,527 (82.7%) |
| Renter Occupied HU | 584 (13.7%) |
| Vacant Housing Units | 155 ( 3.6%) |
| Median Home Value | $317,044 |
| Average Home Value | $336,961 |
Housing Distribution
Address Breakdown
Residential
3,973
Single Family
3,553
Multi-Family
420
Businesses
133
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