410 S Gonser AveAshleyIN46705
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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 Ashley at 410 S Gonser Ave, Ashley, IN, 46705 uses $67,958 cash to close to unlock $7,257/yr annual cash flow and $605/mo monthly cash flow. Total monthly income runs $1,835/mo, and a $1,003/mo payment keeps the spread at $605/mo. Purchase price stands at $205,000, and rental yield measures 10.74% with $1,835/mo rent. Return on cash invested shows 30.59% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 159.87% and total cumulative return in cash records $108,642. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,835/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1990
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46705, Ashley, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 736 (100%) |
| Owner Occupied HU | 493 (67.0%) |
| Renter Occupied HU | 162 (22.0%) |
| Vacant Housing Units | 81 (11.0%) |
| Median Home Value | $182,083 |
| Average Home Value | $237,825 |
Housing Distribution
Address Breakdown
Residential
403
Single Family
361
Multi-Family
42
Businesses
69
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Listed by: Michelle Holland • Hosler Realty Inc - Kendallville
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518832
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.