652 N 600 EWestvilleIN46391
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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 Westville at 652 N 600 E, Westville, IN, 46391 generates $3,138/mo in rent and, after a $1,958/mo payment, leaves $737/mo in cash flow. Total monthly income is $3,138/mo, and annual cash flow is $8,840/yr on $132,600 invested. Return on cash invested sits at 26.58% in year one, and rental yield is 9.41% on a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 138.36% and total cumulative return in cash sums $183,459. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,138/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46391, Westville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,666 (100%) |
| Owner Occupied HU | 2,138 (80.2%) |
| Renter Occupied HU | 320 (12.0%) |
| Vacant Housing Units | 208 ( 7.8%) |
| Median Home Value | $282,919 |
| Average Home Value | $313,773 |
Housing Distribution
Address Breakdown
Residential
2,427
Single Family
2,197
Multi-Family
230
Businesses
109
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