54983 Tulip RdNew CarlisleIN46552
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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 New Carlisle at 54983 Tulip Rd, New Carlisle, IN, 46552 offers a 7.31% rental yield on a $330,000 purchase with $2,010/mo rent. Total monthly income registers $2,010/mo, and a $1,615/mo payment leaves $29/mo available for distribution. Annual cash flow reaches $351/yr on $109,395 to close, and return on cash invested stands at 20.23% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 104.35% and total cumulative return in cash at $114,155. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,010/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1932
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46552, New Carlisle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,992 (100%) |
| Owner Occupied HU | 2,115 (70.7%) |
| Renter Occupied HU | 521 (17.4%) |
| Vacant Housing Units | 356 (11.9%) |
| Median Home Value | $262,293 |
| Average Home Value | $301,338 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
2,085
Multi-Family
102
Businesses
155
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Listed by: Brianna Parmley • Kaser Realty, LLC
Mls Name: IRMLS
Mls ID: #202543285