701 Rolling River RunAlbionIN46701
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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 Albion at 701 Rolling River Run, Albion, IN, 46701 offers $1,720/mo rent that, after a $1,145/mo payment, leaves $316/mo cash flow. Total monthly income is $1,720/mo, and annual cash flow is $3,788/yr on $77,571 cash. Return on cash invested measures 24.79% in year one, and rental yield stands at 8.82% at a $234,000 entry. Equity gained on principal adds $1,510/yr while 5% annual appreciation compounds into $64,650 by year five. Five-year ROI records 128.8% and total cumulative return in cash reaches $99,915. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,720/mo property income versus a $1,145/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46701, Albion, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,426 (100%) |
| Owner Occupied HU | 2,442 (71.3%) |
| Renter Occupied HU | 619 (18.1%) |
| Vacant Housing Units | 365 (10.7%) |
| Median Home Value | $253,894 |
| Average Home Value | $306,236 |
Housing Distribution
Address Breakdown
Residential
3,146
Single Family
3,146
Multi-Family
0
Businesses
188
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Listed by: Joseph Sells • Hosler Realty Inc - Kendallville
Mls Name: IRMLS
Mls Provider:
Mls ID: #202545474
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.