46 S Delmar CtHebronIN46341
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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 Hebron at 46 S Delmar Ct, Hebron, IN, 46341 offers $1,391/mo rent that, after a $998/mo payment, leaves $167/mo cash flow. Total monthly income is $1,391/mo, and annual cash flow is $2,003/yr on $67,626 cash. Return on cash invested measures 22.87% in year one, and rental yield stands at 8.18% at a $204,000 entry. Equity gained on principal adds $1,316/yr while 5% annual appreciation compounds into $56,361 by year five. Five-year ROI records 118.47% and total cumulative return in cash reaches $80,116. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,391/mo property income versus a $998/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
10,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46341, Hebron, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,527 (82.7%) |
| Renter Occupied HU | 584 (13.7%) |
| Vacant Housing Units | 155 ( 3.6%) |
| Median Home Value | $317,044 |
| Average Home Value | $336,961 |
Housing Distribution
Address Breakdown
Residential
3,973
Single Family
3,553
Multi-Family
420
Businesses
133
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