5003 W 1050 N, Lake Village, IN, 46349 | 5.55% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,964/mo, and a $2,080/mo payment. Purchase price stands at $425,000, and rental yield measures 5.55% with $1,964/mo rent. Return on cash invested shows 14.91% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 75.78% and total cumulative return in cash records $106,769. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,964/mo property income covering a $2,080/mo payment rather than investor’s personal income.

Single Family

Built in 1930

4.70 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46349, Lake Village, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,518 (100%)
Owner Occupied HU	1,220 (80.4%)
Renter Occupied HU	157 (10.3%)
Vacant Housing Units	141 ( 9.3%)
Median Home Value	$205,941
Average Home Value	$222,834