4891 S 700 WMentoneIN46539
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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 Mentone at 4891 S 700 W, Mentone, IN, 46539 listed at $425,000 pairs $2,608/mo rent with a $2,080/mo payment to leave $57/mo cash flow. Total monthly income runs $2,608/mo, and annual cash flow reaches $684/yr on $140,888 cash to close. Return on cash invested measures 20.39% in year one, and rental yield registers 7.36% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 105.19% and total cumulative return in cash totals $148,205. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,608/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1893
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46539, Mentone, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,014 (100%) |
| Owner Occupied HU | 711 (70.1%) |
| Renter Occupied HU | 184 (18.1%) |
| Vacant Housing Units | 119 (11.7%) |
| Median Home Value | $178,879 |
| Average Home Value | $248,822 |
Housing Distribution
Address Breakdown
Residential
738
Single Family
717
Multi-Family
21
Businesses
62
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Listed by: Teresa Bakehorn • Our House Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524510
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.