5970 N Woodcrest DrChurubuscoIN46723
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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 Churubusco at 5970 N Woodcrest Dr, Churubusco, IN, 46723 offers $3,430/mo rent that, after a $2,129/mo payment, leaves $819/mo cash flow. Total monthly income is $3,430/mo, and annual cash flow is $9,826/yr on $144,203 cash. Return on cash invested measures 26.72% in year one, and rental yield stands at 9.46% at a $435,000 entry. Equity gained on principal adds $2,807/yr while 5% annual appreciation compounds into $120,182 by year five. Five-year ROI records 139.13% and total cumulative return in cash reaches $200,628. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,430/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46723, Churubusco, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,135 (100%) |
| Owner Occupied HU | 2,548 (81.3%) |
| Renter Occupied HU | 439 (14.0%) |
| Vacant Housing Units | 148 ( 4.7%) |
| Median Home Value | $232,273 |
| Average Home Value | $280,319 |
Housing Distribution
Address Breakdown
Residential
3,063
Single Family
3,063
Multi-Family
0
Businesses
156
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Listed by: Sonia Radcliff • Limitless Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438242
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.