5613 Arcturus PassAuburnIN46706
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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 Auburn at 5613 Arcturus Pass, Auburn, IN, 46706 generates $1,319/mo in rent, after a $1,582/mo payment. Total monthly income is $1,319/mo. Return on cash invested sits at 12.63% in year one, and rental yield is 4.9% on a $323,302 entry. Equity gained on principal adds $2,086/yr, while 5% annual appreciation builds toward $89,322 over five years. Five-year ROI reaches 63.67% and total cumulative return in cash sums $68,240. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,319/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.26 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46706, Auburn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,864 (100%) |
| Owner Occupied HU | 6,655 (75.1%) |
| Renter Occupied HU | 1,687 (19.0%) |
| Vacant Housing Units | 522 ( 5.9%) |
| Median Home Value | $227,490 |
| Average Home Value | $279,454 |
Housing Distribution
Address Breakdown
Residential
8,621
Single Family
8,480
Multi-Family
141
Businesses
818
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Listed by: Eric j Kovalak • McKinnies Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202432573
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.