62835 County Road 29GoshenIN46528
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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 Goshen at 62835 County Road 29, Goshen, IN, 46528 generates $2,879/mo in rent and, after a $1,591/mo payment, leaves $838/mo in cash flow. Total monthly income is $2,879/mo, and annual cash flow is $10,054/yr on $107,738 invested. Return on cash invested sits at 29.24% in year one, and rental yield is 10.63% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 153.01% and total cumulative return in cash sums $164,845. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,879/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46528, Goshen, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,790 (100%) |
| Owner Occupied HU | 6,873 (70.2%) |
| Renter Occupied HU | 2,374 (24.2%) |
| Vacant Housing Units | 543 ( 5.5%) |
| Median Home Value | $260,185 |
| Average Home Value | $319,983 |
Housing Distribution
Address Breakdown
Residential
9,047
Single Family
9,013
Multi-Family
34
Businesses
419
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Listed by: Jesse Riegsecker • Bright Star Real Estate Services LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524956
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.