451 S Main StCulverIN46511
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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 Culver at 451 S Main St, Culver, IN, 46511 generates $2,237/mo in rent and, after a $1,436/mo payment, leaves $389/mo in cash flow. Total monthly income is $2,237/mo, and annual cash flow is $4,665/yr on $97,262 invested. Return on cash invested sits at 24.71% in year one, and rental yield is 9.15% on a $293,400 entry. Equity gained on principal adds $1,893/yr, while 5% annual appreciation builds toward $81,061 over five years. Five-year ROI reaches 128.7% and total cumulative return in cash sums $125,176. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,237/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46511, Culver, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,586 (100%) |
| Owner Occupied HU | 1,377 (53.2%) |
| Renter Occupied HU | 351 (13.6%) |
| Vacant Housing Units | 858 (33.2%) |
| Median Home Value | $281,641 |
| Average Home Value | $400,922 |
Housing Distribution
Address Breakdown
Residential
2,267
Single Family
2,185
Multi-Family
82
Businesses
144
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