5460 E 900th Rd NDecaturIN46733
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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 Decatur at 5460 E 900th Rd N, Decatur, IN, 46733 listed at $215,000 pairs $1,680/mo rent with a $1,052/mo payment to leave $390/mo cash flow. Total monthly income runs $1,680/mo, and annual cash flow reaches $4,677/yr on $71,273 cash to close. Return on cash invested measures 26.47% in year one, and rental yield registers 9.38% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 137.81% and total cumulative return in cash totals $98,221. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1989
2.17 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 46733, Decatur, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,091 (100%) |
| Owner Occupied HU | 5,906 (73.0%) |
| Renter Occupied HU | 1,700 (21.0%) |
| Vacant Housing Units | 485 ( 6.0%) |
| Median Home Value | $216,630 |
| Average Home Value | $273,796 |
Housing Distribution
Address Breakdown
Residential
7,603
Single Family
7,462
Multi-Family
141
Businesses
584
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Listed for sale | $215,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: MobileManufactured
- Year Built: 1989
- Architectural Style: N/A
- Building Area: 1,344
- Living Area: 1,344 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air
- Cooling: Central Air
- Flooring: Laminate
- Interior Features: Main Level Bedroom Suite
- Exterior Features: N/A
- Parking Features: Detached, Gravel
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank
- Water Source: Well
- Road Surface Type: N/A
School Information
- Elementary School: Bellmont
- Middle School: Bellmont
- High School: Bellmont
Listed by: Sheryl Inskeep • Harner Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513933
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.