638 S Superior StAngolaIN46703
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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 Angola at 638 S Superior St, Angola, IN, 46703 earns $265/mo cash flow from $1,765/mo rent with a $1,223/mo payment. Total monthly income totals $1,765/mo, and annual cash flow totals $3,180/yr on $82,842 capital. ROI tracks 23.75% on current figures, and rental yield reads 8.48% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 123.25% and total cumulative return in cash sums $102,098. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,765/mo property income instead of your personal income.
Single Family
Built in 1956
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46703, Angola, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,798 (100%) |
| Owner Occupied HU | 5,429 (55.4%) |
| Renter Occupied HU | 2,052 (20.9%) |
| Vacant Housing Units | 2,317 (23.6%) |
| Median Home Value | $272,006 |
| Average Home Value | $345,110 |
Housing Distribution
Address Breakdown
Residential
7,691
Single Family
7,223
Multi-Family
468
Businesses
858
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Listed by: Lisa Firks • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512642
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.