50703 Turtle Ct, Elkhart, IN, 46514 | $171/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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50703 Turtle Ct, Elkhart, IN, 46514 | $171/mo Cash Flow | Ziffy

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

Investment property for sale in Elkhart at 50703 Turtle Ct, Elkhart, IN, 46514 earns $171/mo cash flow from $1,399/mo rent with a $1,001/mo payment. Total monthly income totals $1,399/mo, and annual cash flow totals $2,056/yr on $67,792 capital. ROI tracks 22.94% on current figures, and rental yield reads 8.21% at a $204,500 purchase. Equity gained on principal adds $1,320/yr, and 5% annual appreciation supports $56,500 over five years. Five-year ROI reaches 118.91% and total cumulative return in cash sums $80,609. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,399/mo property income instead of your personal income.

Townhouse

Built in 1987

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled at 50703 Turtle CT, ELKHART, IN, this townhouse in Elkhart County presents an opportunity to embrace comfortable living. Within this 1368 square feet townhouse are three bedrooms, offering personal spaces for rest and rejuvenation, complimented by two full bathrooms designed for both functionality and relaxation. Imagine beginning and ending each day in these thoughtfully arranged spaces, which allow for ease and convenience. The property is situated on a 9060 square feet lot area, which provides space for outdoor activities. Built in 1987, this single-story townhouse offers a blend of enduring construction and modern living. This townhouse represents an opportunity to live in a well-proportioned home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46514, Elkhart, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,284 (100%)
Owner Occupied HU	11,774 (64.4%)
Renter Occupied HU	5,434 (29.7%)
Vacant Housing Units	1,076 ( 5.9%)
Median Home Value	$219,702
Average Home Value	$252,263