5433 N State Road 56VevayIN47043
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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
Rental property for sale in Vevay at 5433 N State Road 56, Vevay, IN, 47043 generates $2,110/mo in rent and, after a $1,520/mo payment, leaves $246/mo in cash flow. Total monthly income is $2,110/mo, and annual cash flow is $2,949/yr on $102,964 invested. Return on cash invested sits at 22.77% in year one, and rental yield is 8.15% on a $310,600 entry. Equity gained on principal adds $2,004/yr, while 5% annual appreciation builds toward $85,813 over five years. Five-year ROI reaches 117.95% and total cumulative return in cash sums $121,444. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,110/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
2.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47043, Vevay, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,458 (100%) |
| Owner Occupied HU | 1,489 (60.6%) |
| Renter Occupied HU | 640 (26.0%) |
| Vacant Housing Units | 329 (13.4%) |
| Median Home Value | $227,024 |
| Average Home Value | $260,406 |
Housing Distribution
Address Breakdown
Residential
2,316
Single Family
2,218
Multi-Family
98
Businesses
163
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