6440 E 900 SMontereyIN46960
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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
Total monthly income runs $1,249/mo, and a $1,052/mo payment. Purchase price stands at $215,000, and rental yield measures 6.97% with $1,249/mo rent. Return on cash invested shows 19.21% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 98.88% and total cumulative return in cash records $70,477. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,249/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1910
3 Acres lot
$N/A/sqft
No HOA
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Listed by: John Wampler • RE/MAX 1ST CHOICE REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439647
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