4464 N 250 ERensselaerIN47978
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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 Rensselaer at 4464 N 250 E, Rensselaer, IN, 47978 listed at $214,900 pairs $1,759/mo rent with a $1,052/mo payment to leave $469/mo cash flow. Total monthly income runs $1,759/mo, and annual cash flow reaches $5,626/yr on $71,239 cash to close. Return on cash invested measures 27.81% in year one, and rental yield registers 9.82% at a $214,900 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,373 by year five. Five-year ROI tracks 144.94% and total cumulative return in cash totals $103,254. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,759/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47978, Rensselaer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,710 (100%) |
| Owner Occupied HU | 3,173 (67.4%) |
| Renter Occupied HU | 1,190 (25.3%) |
| Vacant Housing Units | 347 ( 7.4%) |
| Median Home Value | $207,764 |
| Average Home Value | $254,811 |
Housing Distribution
Address Breakdown
Residential
4,454
Single Family
4,324
Multi-Family
130
Businesses
430
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Listed by: Tracy VanderWall • RE/MAX Executives
Mls Name: NIRA
Mls ID: #824994