42 E Sunny DrRome CityIN46784
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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 Rome City at 42 E Sunny Dr, Rome City, IN, 46784 offers $1,682/mo rent that, after a $1,591/mo payment. Total monthly income is $1,682/mo. Return on cash invested measures 16.91% in year one, and rental yield stands at 6.21% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 86.52% and total cumulative return in cash reaches $93,217. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,682/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46784, Rome City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,320 (100%) |
| Owner Occupied HU | 777 (58.9%) |
| Renter Occupied HU | 195 (14.8%) |
| Vacant Housing Units | 348 (26.4%) |
| Median Home Value | $296,918 |
| Average Home Value | $342,043 |
Housing Distribution
Address Breakdown
Residential
895
Single Family
879
Multi-Family
16
Businesses
49
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Listed by: Stacy Rofkahr • Mike Thomas Associates
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514487
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.