619 Plan, ParkviewRemingtonIN47977
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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 Remington at 619 Plan, Parkview, Remington, IN, 47977 uses $106,080 cash to close to unlock $8,632/yr annual cash flow and $719/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,566/mo payment keeps the spread at $719/mo. Purchase price stands at $320,000, and rental yield measures 9.9% with $2,640/mo rent. Return on cash invested shows 28.05% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 146.25% and total cumulative return in cash records $155,139. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47977, Remington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 990 (100%) |
| Owner Occupied HU | 658 (66.5%) |
| Renter Occupied HU | 268 (27.1%) |
| Vacant Housing Units | 64 ( 6.5%) |
| Median Home Value | $182,143 |
| Average Home Value | $205,935 |
Housing Distribution
Address Breakdown
Residential
802
Single Family
802
Multi-Family
0
Businesses
97
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