618 W 12th StRochesterIN46975
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rochester at 618 W 12th St, Rochester, IN, 46975 generates $1,400/mo in rent and, after a $915/mo payment, leaves $278/mo in cash flow. Total monthly income is $1,400/mo, and annual cash flow is $3,333/yr on $61,991 invested. Return on cash invested sits at 25.29% in year one, and rental yield is 8.98% on a $187,000 entry. Equity gained on principal adds $1,207/yr, while 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 131.45% and total cumulative return in cash sums $81,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,400/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46975, Rochester, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,778 (100%) |
| Owner Occupied HU | 4,464 (65.9%) |
| Renter Occupied HU | 1,433 (21.1%) |
| Vacant Housing Units | 881 (13.0%) |
| Median Home Value | $209,010 |
| Average Home Value | $245,757 |
Housing Distribution
Address Breakdown
Residential
6,117
Single Family
6,067
Multi-Family
50
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices