4635 N 800 EHoweIN46746
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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 Howe at 4635 N 800 E, Howe, IN, 46746 uses $61,328 cash to close to unlock $3,348/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $1,389/mo, and a $905/mo payment keeps the spread at $279/mo. Purchase price stands at $185,000, and rental yield measures 9.01% with $1,389/mo rent. Return on cash invested shows 25.37% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 131.87% and total cumulative return in cash records $80,871. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,389/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46746, Howe, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,869 (100%) |
| Owner Occupied HU | 1,409 (75.4%) |
| Renter Occupied HU | 257 (13.8%) |
| Vacant Housing Units | 203 (10.9%) |
| Median Home Value | $251,763 |
| Average Home Value | $306,789 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,424
Multi-Family
0
Businesses
92
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