6720 E Schroeder LnSchnellvilleIN47580
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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 Schnellville at 6720 E Schroeder Ln, Schnellville, IN, 47580 listed at $340,000 pairs $2,102/mo rent with a $1,664/mo payment to leave $61/mo cash flow. Total monthly income runs $2,102/mo, and annual cash flow reaches $734/yr on $112,710 cash to close. Return on cash invested measures 20.56% in year one, and rental yield registers 7.42% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 106.13% and total cumulative return in cash totals $119,622. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,102/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47580, Schnellville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 107 (100%) |
| Owner Occupied HU | 96 (89.7%) |
| Renter Occupied HU | 8 ( 7.5%) |
| Vacant Housing Units | 3 ( 2.8%) |
| Median Home Value | $263,158 |
| Average Home Value | $289,167 |
Housing Distribution
Address Breakdown
Residential
115
Single Family
115
Multi-Family
0
Businesses
6
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