513 Sunset LnMiddleburyIN46540
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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 Middlebury at 513 Sunset Ln, Middlebury, IN, 46540 with 5% annual appreciation on a $290,500 basis while $1,638/mo rent supports operations. 66% in year one. Equity gained on principal adds $1,875/yr, and five-year appreciation sums $80,260 alongside rental yield of 6.77%. Five-year ROI measures 80.86% and total cumulative return in cash totals $77,873. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,638/mo property income versus a $1,422/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1983
0.43 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
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Listed by: Allison Miller • Century 21 Circle
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522735
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.