6993 E County Road 1000 NRoachdaleIN46172
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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 Roachdale at 6993 E County Road 1000 N, Roachdale, IN, 46172 offers a 11.02% rental yield on a $173,200 purchase with $1,590/mo rent. Total monthly income registers $1,590/mo, and a $848/mo payment leaves $550/mo available for distribution. Annual cash flow reaches $6,600/yr on $57,416 to close, and return on cash invested stands at 31.4% in year one. Equity gained on principal adds $1,118/yr while 5% annual appreciation supports $47,852 over five years. Portfolio math shows five-year ROI at 164.35% and total cumulative return in cash at $94,362. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,590/mo property income against a $848/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46172, Roachdale, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,080 (100%) |
| Owner Occupied HU | 814 (75.4%) |
| Renter Occupied HU | 173 (16.0%) |
| Vacant Housing Units | 93 ( 8.6%) |
| Median Home Value | $204,615 |
| Average Home Value | $227,463 |
Housing Distribution
Address Breakdown
Residential
703
Single Family
688
Multi-Family
15
Businesses
46
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