4766 E Michigan StRolling PrairieIN46371
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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 Rolling Prairie at 4766 E Michigan St, Rolling Prairie, IN, 46371 with 5% annual appreciation on a $344,900 basis while $2,594/mo rent supports operations. Total monthly income totals $2,594/mo and a $1,688/mo payment preserves $524/mo for cash returns. Annual cash flow comes to $6,285/yr on $114,334 deployed, and return on cash invested reaches 25.41% in year one. Equity gained on principal adds $2,226/yr, and five-year appreciation sums $95,290 alongside rental yield of 9.03%. Five-year ROI measures 132.08% and total cumulative return in cash totals $151,017.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,594/mo property income versus a $1,688/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46371, Rolling Prairie, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,628 (100%) |
| Owner Occupied HU | 1,287 (79.1%) |
| Renter Occupied HU | 127 ( 7.8%) |
| Vacant Housing Units | 214 (13.1%) |
| Median Home Value | $291,705 |
| Average Home Value | $332,247 |
Housing Distribution
Address Breakdown
Residential
1,373
Single Family
1,373
Multi-Family
0
Businesses
73
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Listed by: Kim K Huston • Coldwell Banker 1st Choice
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514685
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.