510 Memorial DrEdinburghIN46124
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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 Edinburgh at 510 Memorial Dr, Edinburgh, IN, 46124 listed at $182,000 pairs $1,656/mo rent with a $891/mo payment to leave $563/mo cash flow. Total monthly income runs $1,656/mo, and annual cash flow reaches $6,759/yr on $60,333 cash to close. Return on cash invested measures 31.11% in year one, and rental yield registers 10.92% at a $182,000 basis. Equity gained on principal adds $1,174/yr, and annual property appreciation at 5% supports $50,283 by year five. Five-year ROI tracks 162.73% and total cumulative return in cash totals $98,181. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,656/mo property income relative to a $891/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46124, Edinburgh, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,510 (100%) |
| Owner Occupied HU | 2,403 (68.5%) |
| Renter Occupied HU | 880 (25.1%) |
| Vacant Housing Units | 227 ( 6.5%) |
| Median Home Value | $189,610 |
| Average Home Value | $271,478 |
Housing Distribution
Address Breakdown
Residential
3,131
Single Family
2,950
Multi-Family
181
Businesses
334
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