525 S Main StMiddleburyIN46540
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
Rental property for sale in Middlebury at 525 S Main St, Middlebury, IN, 46540 priced at $349,000 converts $2,425/mo rent into $330/mo cash flow after a $1,708/mo obligation. Total monthly income equals $2,425/mo, and annual cash flow totals $3,962/yr on $115,694 invested. Return on cash invested prints 23.33% in year one, and rental yield reads 8.34% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 121% and total cumulative return in cash sums $139,992. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,425/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.80 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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Nearby investment properties with comparable prices
Listed by: Kimberlie Whitsel • The LT Group Real Estate
Mls Name: IRMLS
Mls ID: #202538645