4262 E 850 NRome 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
Investment property for sale in Rome City at 4262 E 850 N, Rome City, IN, 46784 uses $115,992 cash to close to unlock $2,990/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $2,350/mo, and a $1,713/mo payment keeps the spread at $249/mo. Purchase price stands at $349,900, and rental yield measures 8.06% with $2,350/mo rent. Return on cash invested shows 22.49% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 116.44% and total cumulative return in cash records $135,066. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,350/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2000
9.34 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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