504 S Stratton WayDecaturIN46733
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 Decatur at 504 S Stratton Way, Decatur, IN, 46733 at $229,900 posts ROI 24.95% with $320/mo cash flow from $1,700/mo rent. Total monthly income equals $1,700/mo, and annual cash flow records $3,842/yr on $76,212 to close. Return on cash invested measures 24.95% and rental yield reads 8.87% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 129.68% and total cumulative return in cash totals $98,831.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,700/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46733, Decatur, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,091 (100%) |
| Owner Occupied HU | 5,906 (73.0%) |
| Renter Occupied HU | 1,700 (21.0%) |
| Vacant Housing Units | 485 ( 6.0%) |
| Median Home Value | $216,630 |
| Average Home Value | $273,796 |
Housing Distribution
Address Breakdown
Residential
7,603
Single Family
7,462
Multi-Family
141
Businesses
584
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