5488 Stonewood CtBargersvilleIN46106
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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 Bargersville at 5488 Stonewood Ct, Bargersville, IN, 46106 offers $3,180/mo rent that, after a $9,300/mo payment. Total monthly income is $3,180/mo. Return on cash invested measures 4.34% in year one, and rental yield stands at 2.01% at a $1,900,000 entry. Equity gained on principal adds $12,260/yr while 5% annual appreciation compounds into $524,935 by year five. Five-year ROI records 18.98% and total cumulative return in cash reaches $116,847. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,180/mo property income versus a $9,300/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46106, Bargersville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,989 (100%) |
| Owner Occupied HU | 3,155 (79.1%) |
| Renter Occupied HU | 661 (16.6%) |
| Vacant Housing Units | 173 ( 4.3%) |
| Median Home Value | $399,938 |
| Average Home Value | $520,540 |
Housing Distribution
Address Breakdown
Residential
3,749
Single Family
3,749
Multi-Family
0
Businesses
165
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Listed by: Michael Duke • Duke Collective, Inc.
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22065236