706 W Neher Rd, Silver Lake, IN, 46982 | 6.85% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Silver Lake at 706 W Neher Rd, Silver Lake, IN, 46982 priced at $324,900 pairs $1,854/mo rent with after a $1,590/mo payment. Total monthly income equals $1,854/mo. Return on cash invested is 18.84% in year one, and rental yield stands at 6.85% on a $324,900 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,764 by year five. Five-year ROI measures 96.86% and total cumulative return in cash reaches $104,321. For financing, Ziffy Mortgage’s DSCR program evaluates $1,854/mo property income against a $1,590/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1962

0.34 Acres lot

$N/A/sqft

No HOA