6034 N Lakeshore DrMacyIN46951
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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
Investment property for sale in Macy at 6034 N Lakeshore Dr, Macy, IN, 46951 offers a 2.54% rental yield on a $675,000 purchase with $1,427/mo rent. 88% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 27.31% and total cumulative return in cash at $60,639. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,427/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46951, Macy, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,054 (100%) |
| Owner Occupied HU | 742 (70.4%) |
| Renter Occupied HU | 101 ( 9.6%) |
| Vacant Housing Units | 211 (20.0%) |
| Median Home Value | $232,673 |
| Average Home Value | $296,270 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
851
Multi-Family
0
Businesses
22
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Listed by: Bailey Record • Modern Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508976
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.