5543 W Manson Colfax RdFrankfortIN46041
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
Investment property for sale in Frankfort at 5543 W Manson Colfax Rd, Frankfort, IN, 46041 at $274,000 posts ROI 20.67% with $57/mo cash flow from $1,702/mo rent. Total monthly income equals $1,702/mo, and annual cash flow records $688/yr on $90,831 to close. Return on cash invested measures 20.67% and rental yield reads 7.45% at the current $274,000. Equity gained on principal adds $1,768/yr, and 5% annual appreciation supports $75,701 by year five. Five-year ROI prints 106.69% and total cumulative return in cash totals $96,909.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,702/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46041, Frankfort, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,792 (100%) |
| Owner Occupied HU | 6,307 (64.4%) |
| Renter Occupied HU | 2,766 (28.2%) |
| Vacant Housing Units | 719 ( 7.3%) |
| Median Home Value | $177,745 |
| Average Home Value | $249,421 |
Housing Distribution
Address Breakdown
Residential
9,312
Single Family
8,983
Multi-Family
329
Businesses
701
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