502 N Maple StIngallsIN46048
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ingalls at 502 N Maple St, Ingalls, IN, 46048 with 5% annual appreciation on a $220,000 basis while $1,598/mo rent supports operations. Total monthly income totals $1,598/mo and a $1,077/mo payment preserves $277/mo for cash returns. Annual cash flow comes to $3,326/yr on $72,930 deployed, and return on cash invested reaches 24.47% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 8.72%. Five-year ROI measures 127.12% and total cumulative return in cash totals $92,711.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,598/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46048, Ingalls, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 759 (100%) |
| Owner Occupied HU | 603 (79.4%) |
| Renter Occupied HU | 118 (15.5%) |
| Vacant Housing Units | 38 ( 5.0%) |
| Median Home Value | $209,949 |
| Average Home Value | $246,874 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
700
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices