4100 W Ivanwald DrReelsvilleIN46171
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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
Rental property for sale in Reelsville at 4100 W Ivanwald Dr, Reelsville, IN, 46171 generates $1,853/mo in rent and, after a $1,358/mo payment, leaves $187/mo in cash flow. Total monthly income is $1,853/mo, and annual cash flow is $2,249/yr on $91,991 invested. Return on cash invested sits at 22.35% in year one, and rental yield is 8.01% on a $277,499 entry. Equity gained on principal adds $1,791/yr, while 5% annual appreciation builds toward $76,668 over five years. Five-year ROI reaches 115.72% and total cumulative return in cash sums $106,455. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,853/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46171, Reelsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 863 (100%) |
| Owner Occupied HU | 710 (82.3%) |
| Renter Occupied HU | 81 ( 9.4%) |
| Vacant Housing Units | 72 ( 8.3%) |
| Median Home Value | $258,738 |
| Average Home Value | $302,792 |
Housing Distribution
Address Breakdown
Residential
776
Single Family
776
Multi-Family
0
Businesses
14
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Listed by: Debbie Mershon • A & B HOMES
Mls Name: THAAR
Mls ID: #106843