5977 S 800 East EstZionsvilleIN46077
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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 Zionsville at 5977 S 800 East Est, Zionsville, IN, 46077 generates $5,231/mo in rent, after a $8,805/mo payment. Total monthly income is $5,231/mo. Return on cash invested sits at 8.91% in year one, and rental yield is 3.49% on a $1,799,000 entry. Equity gained on principal adds $11,609/yr, while 5% annual appreciation builds toward $497,031 over five years. Five-year ROI reaches 43.5% and total cumulative return in cash sums $253,557. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,231/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
3.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46077, Zionsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,386 (100%) |
| Owner Occupied HU | 10,067 (75.2%) |
| Renter Occupied HU | 2,624 (19.6%) |
| Vacant Housing Units | 695 ( 5.2%) |
| Median Home Value | $557,806 |
| Average Home Value | $598,482 |
Housing Distribution
Address Breakdown
Residential
13,216
Single Family
11,385
Multi-Family
1,831
Businesses
1,009
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Listed by: Robbin N Edwards • Encore Sotheby's International Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202407021
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.