6885 E 700th Rd NNew CarlisleIN46552
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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 New Carlisle at 6885 E 700th Rd N, New Carlisle, IN, 46552 listed at $639,900 pairs $4,560/mo rent with a $3,132/mo payment to leave $719/mo cash flow. Total monthly income runs $4,560/mo, and annual cash flow reaches $8,625/yr on $210,527 cash to close. Return on cash invested measures 24.16% in year one, and rental yield registers 8.55% at a $639,900 basis. Equity gained on principal adds $4,129/yr, and annual property appreciation at 5% supports $176,793 by year five. Five-year ROI tracks 125.35% and total cumulative return in cash totals $263,891. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,560/mo property income relative to a $3,132/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46552, New Carlisle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,992 (100%) |
| Owner Occupied HU | 2,115 (70.7%) |
| Renter Occupied HU | 521 (17.4%) |
| Vacant Housing Units | 356 (11.9%) |
| Median Home Value | $262,293 |
| Average Home Value | $301,338 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
2,085
Multi-Family
102
Businesses
155
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Listed by: Kim K Huston • Coldwell Banker 1st Choice
Mls Name: IRMLS
Mls ID: #202533624