6560 N 650 E #E22ChurubuscoIN46723
Nearby investment properties with comparable rents
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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 Churubusco at 6560 N 650 E #E22, Churubusco, IN, 46723 earns $378/mo cash flow from $1,460/mo rent with a $882/mo payment. Total monthly income totals $1,460/mo, and annual cash flow totals $4,539/yr on $59,736 capital. ROI tracks 27.51% on current figures, and rental yield reads 9.72% at a $180,200 purchase. Equity gained on principal adds $1,163/yr, and 5% annual appreciation supports $49,786 over five years. Five-year ROI reaches 143.4% and total cumulative return in cash sums $85,664. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,460/mo property income instead of your personal income.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46723, Churubusco, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,135 (100%) |
| Owner Occupied HU | 2,548 (81.3%) |
| Renter Occupied HU | 439 (14.0%) |
| Vacant Housing Units | 148 ( 4.7%) |
| Median Home Value | $232,273 |
| Average Home Value | $280,319 |
Housing Distribution
Address Breakdown
Residential
3,063
Single Family
3,063
Multi-Family
0
Businesses
156
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Listed by: N/A • N/A
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