710 S Center StFloraIN46929
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
Rental property for sale in Flora at 710 S Center St, Flora, IN, 46929 priced at $170,000 pairs $1,346/mo rent with $326/mo cash flow after a $832/mo payment. Total monthly income equals $1,346/mo, and annual cash flow comes to $3,907/yr on $56,355 invested. Return on cash invested is 26.84% in year one, and rental yield stands at 9.5% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 139.81% and total cumulative return in cash reaches $78,789. For financing, Ziffy Mortgage’s DSCR program evaluates $1,346/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46929, Flora, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,414 (100%) |
| Owner Occupied HU | 1,005 (71.1%) |
| Renter Occupied HU | 315 (22.3%) |
| Vacant Housing Units | 94 ( 6.6%) |
| Median Home Value | $183,468 |
| Average Home Value | $226,652 |
Housing Distribution
Address Breakdown
Residential
1,365
Single Family
1,274
Multi-Family
91
Businesses
135
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