5118 S 1000 WRensselaerIN47978
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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 Rensselaer at 5118 S 1000 W, Rensselaer, IN, 47978 listed at $667,200 pairs $3,103/mo rent with a $3,266/mo payment. Total monthly income runs $3,103/mo. Return on cash invested measures 15.13% in year one, and rental yield registers 5.58% at a $667,200 basis. Equity gained on principal adds $4,305/yr, and annual property appreciation at 5% supports $184,335 by year five. Five-year ROI tracks 76.92% and total cumulative return in cash totals $168,854. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,103/mo property income relative to a $3,266/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47978, Rensselaer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,710 (100%) |
| Owner Occupied HU | 3,173 (67.4%) |
| Renter Occupied HU | 1,190 (25.3%) |
| Vacant Housing Units | 347 ( 7.4%) |
| Median Home Value | $207,764 |
| Average Home Value | $254,811 |
Housing Distribution
Address Breakdown
Residential
4,454
Single Family
4,324
Multi-Family
130
Businesses
430
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Listed by: N/A • N/A
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