5828 E 150 N, Decatur, IN, 46733 | 6.28% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Decatur at 5828 E 150 N, Decatur, IN, 46733 offers a 6.28% rental yield on a $480,000 purchase with $2,510/mo rent. 11% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,615 over five years. Portfolio math shows five-year ROI at 87.58% and total cumulative return in cash at $139,361. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,510/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1990

4.67 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46733, Decatur, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,091 (100%)
Owner Occupied HU	5,906 (73.0%)
Renter Occupied HU	1,700 (21.0%)
Vacant Housing Units	485 ( 6.0%)
Median Home Value	$216,630
Average Home Value	$273,796