432 Park AveAuroraIN47001
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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 Aurora at 432 Park Ave, Aurora, IN, 47001 offers a 9.42% rental yield on a $179,000 purchase with $1,405/mo rent. Total monthly income registers $1,405/mo, and a $876/mo payment leaves $331/mo available for distribution. Annual cash flow reaches $3,967/yr on $59,339 to close, and return on cash invested stands at 26.59% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 138.47% and total cumulative return in cash at $82,167. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,405/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47001, Aurora, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,472 (100%) |
| Owner Occupied HU | 3,240 (72.5%) |
| Renter Occupied HU | 844 (18.9%) |
| Vacant Housing Units | 388 ( 8.7%) |
| Median Home Value | $213,898 |
| Average Home Value | $248,906 |
Housing Distribution
Address Breakdown
Residential
4,351
Single Family
4,282
Multi-Family
69
Businesses
296
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