710 N Maple StConverseIN46919
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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 Converse at 710 N Maple St, Converse, IN, 46919 with 5% annual appreciation on a $115,900 basis while $894/mo rent supports operations. Total monthly income totals $894/mo and a $567/mo payment preserves $199/mo for cash returns. Annual cash flow comes to $2,383/yr on $38,421 deployed, and return on cash invested reaches 26.11% in year one. Equity gained on principal adds $748/yr, and five-year appreciation sums $32,021 alongside rental yield of 9.26%. Five-year ROI measures 135.91% and total cumulative return in cash totals $52,216.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $894/mo property income versus a $567/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1870
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46919, Converse, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 961 (100%) |
| Owner Occupied HU | 676 (70.3%) |
| Renter Occupied HU | 185 (19.3%) |
| Vacant Housing Units | 100 (10.4%) |
| Median Home Value | $196,330 |
| Average Home Value | $273,295 |
Housing Distribution
Address Breakdown
Residential
577
Single Family
531
Multi-Family
46
Businesses
42
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Listed by: Suzie Mack • F.C. Tucker Realty Center
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508223
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.