5722 E Township Line RdWest College CornerIN47003
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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
Total monthly income runs $900/mo, and a $1,762/mo payment. Purchase price stands at $359,900, and rental yield measures 3% with $900/mo rent. Return on cash invested shows 7.23% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 34.62% and total cumulative return in cash records $41,306. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $900/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1920
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47003, West College Corner, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 381 (100%) |
| Owner Occupied HU | 213 (55.9%) |
| Renter Occupied HU | 129 (33.9%) |
| Vacant Housing Units | 39 (10.2%) |
| Median Home Value | $186,058 |
| Average Home Value | $199,660 |
Housing Distribution
Address Breakdown
Residential
276
Single Family
244
Multi-Family
32
Businesses
17
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Listed by: Marti Tracy • Aurum Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22054082