500 E Summit StAtticaIN47918
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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 Attica at 500 E Summit St, Attica, IN, 47918 earns $459/mo cash flow from $1,714/mo rent with a $1,023/mo payment. Total monthly income totals $1,714/mo, and annual cash flow totals $5,512/yr on $69,284 capital. ROI tracks 27.87% on current figures, and rental yield reads 9.84% at a $209,000 purchase. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 over five years. Five-year ROI reaches 145.3% and total cumulative return in cash sums $100,670. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,714/mo property income instead of your personal income.
Single Family
Built in 1870
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47918, Attica, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,831 (100%) |
| Owner Occupied HU | 1,954 (69.0%) |
| Renter Occupied HU | 565 (20.0%) |
| Vacant Housing Units | 312 (11.0%) |
| Median Home Value | $168,497 |
| Average Home Value | $208,433 |
Housing Distribution
Address Breakdown
Residential
2,559
Single Family
2,559
Multi-Family
0
Businesses
195
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