602 Ensign PlHebronIN46341
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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 Hebron at 602 Ensign Pl, Hebron, IN, 46341 offers $1,320/mo rent that, after a $1,835/mo payment. Total monthly income is $1,320/mo. Return on cash invested measures 10.66% in year one, and rental yield stands at 4.22% at a $374,990 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,603 by year five. Five-year ROI records 53.09% and total cumulative return in cash reaches $66,000. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,320/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
$330 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46341, Hebron, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,527 (82.7%) |
| Renter Occupied HU | 584 (13.7%) |
| Vacant Housing Units | 155 ( 3.6%) |
| Median Home Value | $317,044 |
| Average Home Value | $336,961 |
Housing Distribution
Address Breakdown
Residential
3,973
Single Family
3,553
Multi-Family
420
Businesses
133
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Listed by: Kristin Hadley • DRH Realty of Indiana
Mls Name: NIRA
Mls Provider:
Mls ID: #822394
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.