5819 S 700 WWestpointIN47992
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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 $2,449/mo, and a $2,080/mo payment. Purchase price stands at $425,000, and rental yield measures 6.91% with $2,449/mo rent. Return on cash invested shows 19.04% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 97.92% and total cumulative return in cash records $137,957. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,449/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1975
6.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47992, Westpoint, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 615 (100%) |
| Owner Occupied HU | 527 (85.7%) |
| Renter Occupied HU | 52 ( 8.5%) |
| Vacant Housing Units | 36 ( 5.9%) |
| Median Home Value | $317,619 |
| Average Home Value | $537,571 |
Housing Distribution
Address Breakdown
Residential
502
Single Family
502
Multi-Family
0
Businesses
17
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