64330 State Road 23North LibertyIN46554
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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 North Liberty at 64330 State Road 23, North Liberty, IN, 46554 listed at $430,000 pairs $2,690/mo rent with a $2,105/mo payment to leave $108/mo cash flow. Total monthly income runs $2,690/mo, and annual cash flow reaches $1,301/yr on $142,545 cash to close. Return on cash invested measures 20.82% in year one, and rental yield registers 7.51% at a $430,000 basis. Equity gained on principal adds $2,775/yr, and annual property appreciation at 5% supports $118,801 by year five. Five-year ROI tracks 107.5% and total cumulative return in cash totals $153,243. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,690/mo property income relative to a $2,105/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1944
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46554, North Liberty, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,789 (100%) |
| Owner Occupied HU | 1,418 (79.3%) |
| Renter Occupied HU | 269 (15.0%) |
| Vacant Housing Units | 102 ( 5.7%) |
| Median Home Value | $254,967 |
| Average Home Value | $298,828 |
Housing Distribution
Address Breakdown
Residential
1,334
Single Family
1,334
Multi-Family
0
Businesses
89
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Listed by: Chelsea Revella • McKinnies Realty, LLC Elkhart
Mls Name: IRMLS
Mls Provider:
Mls ID: #202541456
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.