6817 W Forest Brook DrFountaintownIN46130
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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
Rental property for sale in Fountaintown at 6817 W Forest Brook Dr, Fountaintown, IN, 46130 generates $2,735/mo in rent and, after a $2,202/mo payment, leaves $34/mo in cash flow. Total monthly income is $2,735/mo, and annual cash flow is $412/yr on $149,142 invested. Return on cash invested sits at 20.19% in year one, and rental yield is 7.29% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 104.09% and total cumulative return in cash sums $155,242. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,735/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46130, Fountaintown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 982 (100%) |
| Owner Occupied HU | 822 (83.7%) |
| Renter Occupied HU | 132 (13.4%) |
| Vacant Housing Units | 28 ( 2.9%) |
| Median Home Value | $282,246 |
| Average Home Value | $313,887 |
Housing Distribution
Address Breakdown
Residential
952
Single Family
952
Multi-Family
0
Businesses
25
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Listed by: Rollin Jackson • Realty World-Turtle Crk Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22081386