67660 Nelson LnGoshenIN46526
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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 Goshen at 67660 Nelson Ln, Goshen, IN, 46526 listed at $246,000 pairs $2,416/mo rent with a $1,204/mo payment to leave $939/mo cash flow. Total monthly income runs $2,416/mo, and annual cash flow reaches $11,272/yr on $81,549 cash to close. Return on cash invested measures 33.73% in year one, and rental yield registers 11.79% at a $246,000 basis. Equity gained on principal adds $1,587/yr, and annual property appreciation at 5% supports $67,965 by year five. Five-year ROI tracks 176.76% and total cumulative return in cash totals $144,146. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,416/mo property income relative to a $1,204/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46526, Goshen, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,063 (100%) |
| Owner Occupied HU | 8,487 (65.0%) |
| Renter Occupied HU | 3,852 (29.5%) |
| Vacant Housing Units | 724 ( 5.5%) |
| Median Home Value | $226,148 |
| Average Home Value | $269,072 |
Housing Distribution
Address Breakdown
Residential
12,628
Single Family
11,718
Multi-Family
910
Businesses
830
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Listed by: Sheila Showalter • RE/MAX Results-Goshen
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439435
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.