570 Winchester RdGenevaIN46740
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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 Geneva at 570 Winchester Rd, Geneva, IN, 46740 priced at $325,000 converts $1,804/mo rent into after a $1,591/mo obligation. Total monthly income equals $1,804/mo. Return on cash invested prints 18.27% in year one, and rental yield reads 6.66% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 93.8% and total cumulative return in cash sums $101,053. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,804/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1987
2.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46740, Geneva, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,394 (100%) |
| Owner Occupied HU | 1,041 (74.7%) |
| Renter Occupied HU | 252 (18.1%) |
| Vacant Housing Units | 101 ( 7.2%) |
| Median Home Value | $231,954 |
| Average Home Value | $290,639 |
Housing Distribution
Address Breakdown
Residential
1,120
Single Family
1,080
Multi-Family
40
Businesses
56
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