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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Syracuse at 601 E Pickwick Dr, Syracuse, IN, 46567 offers $1,746/mo rent that, after a $2,447/mo payment. Total monthly income is $1,746/mo. Return on cash invested measures 10.82% in year one, and rental yield stands at 4.19% at a $500,000 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,141 by year five. Five-year ROI records 53.86% and total cumulative return in cash reaches $89,276. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,746/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46567, Syracuse, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,038 (100%) |
| Owner Occupied HU | 3,136 (51.9%) |
| Renter Occupied HU | 872 (14.4%) |
| Vacant Housing Units | 2,030 (33.6%) |
| Median Home Value | $317,585 |
| Average Home Value | $442,306 |
Residential
5,356
Single Family
5,308
Multi-Family
48
Businesses
364
Date | Event | Price |
|---|---|---|
| 2011-07-22 | Sold | $151,000 |
| 2011-01-21 | Listed for sale | $199,000 |
| 2010-11-15 | Listing removed | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $2325.24 | -1.56% | $285,500 | 4.01% |
| 2023-07-01 | $2362.16 | 40.16% | $274,500 | 10.46% |
| 2022-07-01 | $1685.34 | 8.48% | $248,500 | 33.17% |
Listed by: Brad B Hooley • Bartel & Company
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525014
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.
