560 E 950 N, Westville, IN, 46391 | 5.98% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,467/mo, and a $2,422/mo payment. Purchase price stands at $494,900, and rental yield measures 5.98% with $2,467/mo rent. Return on cash invested shows 16.23% in year one, and 5% annual appreciation builds toward $136,732 over five years. Five-year ROI reaches 82.85% and total cumulative return in cash records $135,927. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,467/mo property income covering a $2,422/mo payment rather than investor’s personal income.

Single Family

Built in 2002

2.88 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46391, Westville, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,666 (100%)
Owner Occupied HU	2,138 (80.2%)
Renter Occupied HU	320 (12.0%)
Vacant Housing Units	208 ( 7.8%)
Median Home Value	$282,919
Average Home Value	$313,773