501 E Sycamore StSilver LakeIN46982
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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
Rental property for sale in Silver Lake at 501 E Sycamore St, Silver Lake, IN, 46982 offers $903/mo rent that, after a $587/mo payment, leaves $183/mo cash flow. Total monthly income is $903/mo, and annual cash flow is $2,196/yr on $39,780 cash. Return on cash invested measures 25.43% in year one, and rental yield stands at 9.03% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 132.17% and total cumulative return in cash reaches $52,579. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $903/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Tyler Dohner • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls ID: #202600967