58900 River Forest DrGoshenIN46528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $3,550/mo, and a $5,085/mo payment. Purchase price stands at $1,039,000, and rental yield measures 4.1% with $3,550/mo rent. Return on cash invested shows 10.7% in year one, and 5% annual appreciation builds toward $287,057 over five years. Five-year ROI reaches 53.17% and total cumulative return in cash records $178,988. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,550/mo property income covering a $5,085/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.67 Acres lot
$N/A/sqft
$300 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary L Dale • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202526036
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.