675 N Albert Eckert DrNorth WebsterIN46555
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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 North Webster at 675 N Albert Eckert Dr, North Webster, IN, 46555 listed at $221,000 pairs $1,865/mo rent with a $1,082/mo payment to leave $538/mo cash flow. Total monthly income runs $1,865/mo, and annual cash flow reaches $6,457/yr on $73,262 cash to close. Return on cash invested measures 28.72% in year one, and rental yield registers 10.13% at a $221,000 basis. Equity gained on principal adds $1,426/yr, and annual property appreciation at 5% supports $61,058 by year five. Five-year ROI tracks 149.92% and total cumulative return in cash totals $109,837. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,865/mo property income relative to a $1,082/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1984
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46555, North Webster, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 994 (52.8%) |
| Renter Occupied HU | 233 (12.4%) |
| Vacant Housing Units | 654 (34.8%) |
| Median Home Value | $276,596 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
1,155
Single Family
1,155
Multi-Family
0
Businesses
186
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Listed by: N/A • N/A
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