6235 Randolph St, Hobart, IN, 46342 | 4.03% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,680/mo, and a $3,911/mo payment. Purchase price stands at $799,000, and rental yield measures 4.03% with $2,680/mo rent. Return on cash invested shows 10.4% in year one, and 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 51.56% and total cumulative return in cash records $135,546. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,680/mo property income covering a $3,911/mo payment rather than investor’s personal income.

Manufactured

Built in 2014

31 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46342, Hobart, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,699 (100%)
Owner Occupied HU	9,996 (73.0%)
Renter Occupied HU	2,806 (20.5%)
Vacant Housing Units	897 ( 6.5%)
Median Home Value	$231,713
Average Home Value	$262,010