57655 County Road 18GoshenIN46528
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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 Goshen at 57655 County Road 18, Goshen, IN, 46528 generates $2,064/mo in rent, after a $2,203/mo payment. Total monthly income is $2,064/mo. Return on cash invested sits at 14.78% in year one, and rental yield is 5.5% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 75.1% and total cumulative return in cash sums $112,026. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,064/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
3.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46528, Goshen, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,790 (100%) |
| Owner Occupied HU | 6,873 (70.2%) |
| Renter Occupied HU | 2,374 (24.2%) |
| Vacant Housing Units | 543 ( 5.5%) |
| Median Home Value | $260,185 |
| Average Home Value | $319,983 |
Housing Distribution
Address Breakdown
Residential
9,047
Single Family
9,013
Multi-Family
34
Businesses
419
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