509 Nancy DrSweetserIN46987
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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 Sweetser at 509 Nancy Dr, Sweetser, IN, 46987 earns $226/mo cash flow from $1,246/mo rent with a $832/mo payment. Total monthly income totals $1,246/mo, and annual cash flow totals $2,708/yr on $56,322 capital. ROI tracks 24.72% on current figures, and rental yield reads 8.8% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 128.42% and total cumulative return in cash sums $72,326. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,246/mo property income instead of your personal income.
Single Family
Built in 1970
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46987, Sweetser, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 446 (100%) |
| Owner Occupied HU | 341 (76.5%) |
| Renter Occupied HU | 81 (18.2%) |
| Vacant Housing Units | 24 ( 5.4%) |
| Median Home Value | $194,471 |
| Average Home Value | $210,814 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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