5270 County Road 56Saint JoeIN46785
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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 Saint Joe at 5270 County Road 56, Saint Joe, IN, 46785 offers a 9.04% rental yield on a $215,000 purchase with $1,620/mo rent. Total monthly income registers $1,620/mo, and a $1,052/mo payment leaves $330/mo available for distribution. Annual cash flow reaches $3,957/yr on $71,273 to close, and return on cash invested stands at 25.46% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 132.37% and total cumulative return in cash at $94,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,620/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
3.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46785, Saint Joe, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 542 (100%) |
| Owner Occupied HU | 421 (77.7%) |
| Renter Occupied HU | 73 (13.5%) |
| Vacant Housing Units | 48 ( 8.9%) |
| Median Home Value | $240,116 |
| Average Home Value | $274,994 |
Housing Distribution
Address Breakdown
Residential
524
Single Family
524
Multi-Family
0
Businesses
26
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