501 Wesley RdKoutsIN46347
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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 Kouts at 501 Wesley Rd, Kouts, IN, 46347 offers a 11.21% rental yield on a $289,900 purchase with $2,708/mo rent. Total monthly income registers $2,708/mo, and a $1,419/mo payment leaves $968/mo available for distribution. Annual cash flow reaches $11,612/yr on $96,102 to close, and return on cash invested stands at 31.99% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 167.39% and total cumulative return in cash at $160,869. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,708/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46347, Kouts, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,834 (100%) |
| Owner Occupied HU | 1,559 (85.0%) |
| Renter Occupied HU | 188 (10.3%) |
| Vacant Housing Units | 87 ( 4.7%) |
| Median Home Value | $286,551 |
| Average Home Value | $331,780 |
Housing Distribution
Address Breakdown
Residential
1,656
Single Family
1,656
Multi-Family
0
Businesses
99
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