410 Filbert StNew CarlisleIN46552
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Nearby investment properties with comparable prices
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
Rental property for sale in New Carlisle at 410 Filbert St, New Carlisle, IN, 46552 priced at $314,900 pairs $2,340/mo rent with $450/mo cash flow after a $1,541/mo payment. Total monthly income equals $2,340/mo, and annual cash flow comes to $5,400/yr on $104,389 invested. Return on cash invested is 25.08% in year one, and rental yield stands at 8.92% on a $314,900 basis. Equity gained on principal adds $2,032/yr, and 5% annual appreciation accumulates to $87,001 by year five. Five-year ROI measures 130.32% and total cumulative return in cash reaches $136,042. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $1,541/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46552, New Carlisle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,992 (100%) |
| Owner Occupied HU | 2,115 (70.7%) |
| Renter Occupied HU | 521 (17.4%) |
| Vacant Housing Units | 356 (11.9%) |
| Median Home Value | $262,293 |
| Average Home Value | $301,338 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
2,085
Multi-Family
102
Businesses
155
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Listed by: Elizabeth Lloyd • Weichert Realtors - Shoreline
Mls Name: NIRA
Mls ID: #823556