7088 N County Road 700 WFair OaksIN47943
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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 Fair Oaks at 7088 N County Road 700 W, Fair Oaks, IN, 47943 offers a 10.4% rental yield on a $199,900 purchase with $1,733/mo rent. Total monthly income registers $1,733/mo, and a $978/mo payment leaves $533/mo available for distribution. Annual cash flow reaches $6,401/yr on $66,267 to close, and return on cash invested stands at 29.57% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 154.43% and total cumulative return in cash at $102,337. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,733/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47943, Fair Oaks, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 339 (100%) |
| Owner Occupied HU | 276 (81.4%) |
| Renter Occupied HU | 45 (13.3%) |
| Vacant Housing Units | 18 ( 5.3%) |
| Median Home Value | $261,818 |
| Average Home Value | $280,380 |
Housing Distribution
Address Breakdown
Residential
285
Single Family
285
Multi-Family
0
Businesses
21
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