705 S Main StLigonierIN46767
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 Ligonier at 705 S Main St, Ligonier, IN, 46767 earns $2,506/mo cash flow from $3,752/mo rent with a $935/mo payment. Total monthly income totals $3,752/mo, and annual cash flow totals $30,072/yr on $63,350 capital. ROI tracks 67.38% on current figures, and rental yield reads 23.56% at a $191,100 purchase. Equity gained on principal adds $1,233/yr, and 5% annual appreciation supports $52,797 over five years. Five-year ROI reaches 357.82% and total cumulative return in cash sums $226,678. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,752/mo property income instead of your personal income.
Single Family
Built in 1890
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46767, Ligonier, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,129 (100%) |
| Owner Occupied HU | 2,054 (65.6%) |
| Renter Occupied HU | 787 (25.2%) |
| Vacant Housing Units | 288 ( 9.2%) |
| Median Home Value | $234,753 |
| Average Home Value | $277,471 |
Housing Distribution
Address Breakdown
Residential
2,897
Single Family
2,811
Multi-Family
86
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices