5751 S Meridian RdPonetoIN46781
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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
Investment property for sale in Poneto at 5751 S Meridian Rd, Poneto, IN, 46781 uses $34,808 cash to close to unlock $2,239/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $817/mo, and a $514/mo payment keeps the spread at $187/mo. Purchase price stands at $105,000, and rental yield measures 9.34% with $817/mo rent. Return on cash invested shows 26.34% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 137.18% and total cumulative return in cash records $47,750. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $817/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46781, Poneto, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 353 (100%) |
| Owner Occupied HU | 292 (82.7%) |
| Renter Occupied HU | 31 ( 8.8%) |
| Vacant Housing Units | 30 ( 8.5%) |
| Median Home Value | $218,293 |
| Average Home Value | $258,836 |
Housing Distribution
Address Breakdown
Residential
283
Single Family
283
Multi-Family
0
Businesses
13
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