4726 W Lawrence WayNew PalestineIN46163
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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 New Palestine at 4726 W Lawrence Way, New Palestine, IN, 46163 earns $311/mo cash flow from $2,688/mo rent with a $1,938/mo payment. Total monthly income totals $2,688/mo, and annual cash flow totals $3,733/yr on $131,274 capital. ROI tracks 22.75% on current figures, and rental yield reads 8.15% at a $396,000 purchase. Equity gained on principal adds $2,555/yr, and 5% annual appreciation supports $109,408 over five years. Five-year ROI reaches 117.87% and total cumulative return in cash sums $154,736. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,688/mo property income instead of your personal income.
Single Family
Built in 2017
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46163, New Palestine, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,670 (100%) |
| Owner Occupied HU | 4,772 (84.2%) |
| Renter Occupied HU | 714 (12.6%) |
| Vacant Housing Units | 184 ( 3.2%) |
| Median Home Value | $330,678 |
| Average Home Value | $356,738 |
Housing Distribution
Address Breakdown
Residential
5,690
Single Family
5,689
Multi-Family
1
Businesses
283
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Listed by: Kelli Bastin • Compass Indiana, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22080314