512 Redbud LnMiddleburyIN46540
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 Middlebury at 512 Redbud Ln, Middlebury, IN, 46540 listed at $286,900 pairs $2,394/mo rent with a $1,404/mo payment to leave $672/mo cash flow. Total monthly income runs $2,394/mo, and annual cash flow reaches $8,064/yr on $95,107 cash to close. Return on cash invested measures 28.39% in year one, and rental yield registers 10.01% at a $286,900 basis. Equity gained on principal adds $1,851/yr, and annual property appreciation at 5% supports $79,265 by year five. Five-year ROI tracks 148.12% and total cumulative return in cash totals $140,871. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,394/mo property income relative to a $1,404/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46540, Middlebury, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,333 (100%) |
| Owner Occupied HU | 3,498 (80.7%) |
| Renter Occupied HU | 659 (15.2%) |
| Vacant Housing Units | 176 ( 4.1%) |
| Median Home Value | $339,066 |
| Average Home Value | $378,665 |
Housing Distribution
Address Breakdown
Residential
4,197
Single Family
4,157
Multi-Family
40
Businesses
437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rob Bach • Hallmark Excellence Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510883
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.