5335 N Blue Lake RdChurubuscoIN46723
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 Churubusco at 5335 N Blue Lake Rd, Churubusco, IN, 46723 priced at $148,700 converts $1,855/mo rent into $962/mo cash flow after a $728/mo obligation. Total monthly income equals $1,855/mo, and annual cash flow totals $11,546/yr on $49,294 invested. Return on cash invested prints 43.33% in year one, and rental yield reads 14.97% against a $148,700 entry. Equity gained on principal adds $960/yr, while 5% annual appreciation compiles into $41,083 by year five. Five-year ROI reaches 228.31% and total cumulative return in cash sums $112,542. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,855/mo property income covering a $728/mo payment, not borrower’s personal income.
Single Family
Built in 1930
9,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46723, Churubusco, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,135 (100%) |
| Owner Occupied HU | 2,548 (81.3%) |
| Renter Occupied HU | 439 (14.0%) |
| Vacant Housing Units | 148 ( 4.7%) |
| Median Home Value | $232,273 |
| Average Home Value | $280,319 |
Housing Distribution
Address Breakdown
Residential
3,063
Single Family
3,063
Multi-Family
0
Businesses
156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A