6814 Church StColburnIN47905
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Colburn at 6814 Church St, Colburn, IN, 47905 earns $159/mo cash flow from $1,389/mo rent with a $1,003/mo payment. Total monthly income totals $1,389/mo, and annual cash flow totals $1,905/yr on $67,958 capital. ROI tracks 22.71% on current figures, and rental yield reads 8.13% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 117.65% and total cumulative return in cash sums $79,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,389/mo property income instead of your personal income.
Single Family
Built in 1900
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47905, Lafayette, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,630 (100%) |
| Owner Occupied HU | 10,991 (56.0%) |
| Renter Occupied HU | 7,333 (37.4%) |
| Vacant Housing Units | 1,306 ( 6.7%) |
| Median Home Value | $254,797 |
| Average Home Value | $312,191 |
Housing Distribution
Address Breakdown
Residential
18,720
Single Family
15,750
Multi-Family
2,970
Businesses
1,408
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peyton Hurst • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519701
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.