66 Inman Dr, Ingalls, IN, 46048 | $713/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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66 Inman Dr, Ingalls, IN, 46048 | $713/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ingalls at 66 Inman Dr, Ingalls, IN, 46048 priced at $220,000 pairs $2,034/mo rent with $713/mo cash flow after a $1,077/mo payment. Total monthly income equals $2,034/mo, and annual cash flow comes to $8,558/yr on $72,930 invested. Return on cash invested is 31.64% in year one, and rental yield stands at 11.09% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 165.58% and total cumulative return in cash reaches $120,755. For financing, Ziffy Mortgage’s DSCR program evaluates $2,034/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.

Manufactured

Built in 1999

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Step inside this beautifully remodeled 3 bedroom + office, 2 bath home where every detail has been thoughtfully upgraded. The open kitchen is the heart of the home, featuring a spacious island with bar seating-perfect for entertaining. A designated laundry room with utility sink adds everyday convenience. Recent upgrades include a brand new roof and HVAC system, ensuring peace of mind for years to come. Inside, you'll love the fresh, modern finishes throughout. Outdoor you will find a spacious backyard providing a large deck for entertaining, a brand new privacy fence all overlooking a serene farmer's field for added privacy. This low-maintenance home is not only stylish but also efficient, with affordable utilities that make it an ideal choice for easy living.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46048, Ingalls, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	759 (100%)
Owner Occupied HU	603 (79.4%)
Renter Occupied HU	118 (15.5%)
Vacant Housing Units	38 ( 5.0%)
Median Home Value	$209,949
Average Home Value	$246,874