4565 E Station RdRoanokeIN46783
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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
Total monthly income runs $1,062/mo, and a $930/mo payment. Purchase price stands at $190,000, and rental yield measures 6.71% with $1,062/mo rent. Return on cash invested shows 18.41% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 94.61% and total cumulative return in cash records $59,592. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,062/mo property income covering a $930/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
6.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46783, Roanoke, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,612 (84.2%) |
| Renter Occupied HU | 312 (10.1%) |
| Vacant Housing Units | 179 ( 5.8%) |
| Median Home Value | $312,289 |
| Average Home Value | $349,443 |
Housing Distribution
Address Breakdown
Residential
2,841
Single Family
2,806
Multi-Family
35
Businesses
220
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