6559 W 1000 NFountaintownIN46130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fountaintown at 6559 W 1000 N, Fountaintown, IN, 46130 generates $1,440/mo in rent, after a $1,370/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 16.8% in year one, and rental yield is 6.17% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 85.94% and total cumulative return in cash sums $79,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
1.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46130, Fountaintown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 982 (100%) |
| Owner Occupied HU | 822 (83.7%) |
| Renter Occupied HU | 132 (13.4%) |
| Vacant Housing Units | 28 ( 2.9%) |
| Median Home Value | $282,246 |
| Average Home Value | $313,887 |
Housing Distribution
Address Breakdown
Residential
952
Single Family
952
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maher Batarseh • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22076835