








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Alexandria at 5855 N Carriage Ln, Alexandria, IN, 46001 offers a 4.16% rental yield on a $259,900 purchase with $900/mo rent. 72% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 53.29% and total cumulative return in cash at $45,910. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46001, Alexandria, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,069 (100%) |
| Owner Occupied HU | 3,388 (66.8%) |
| Renter Occupied HU | 1,108 (21.9%) |
| Vacant Housing Units | 573 (11.3%) |
| Median Home Value | $178,912 |
| Average Home Value | $205,941 |
Residential
4,471
Single Family
4,461
Multi-Family
10
Businesses
216
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Grant Gorman • Green Forest Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22052989