710 Spring Beach Rd, Rome City, IN, 46784 | 5.91% Rental Yield

Off market

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

Investment property for sale in Rome City at 710 Spring Beach Rd, Rome City, IN, 46784 offers a 5.91% rental yield on a $467,400 purchase with $2,303/mo rent. 01% in year one. Equity gained on principal adds $3,016/yr while 5% annual appreciation supports $129,134 over five years. Portfolio math shows five-year ROI at 81.7% and total cumulative return in cash at $126,585. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,303/mo property income against a $2,288/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1988

0.28 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46784, Rome City, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,320 (100%)
Owner Occupied HU	777 (58.9%)
Renter Occupied HU	195 (14.8%)
Vacant Housing Units	348 (26.4%)
Median Home Value	$296,918
Average Home Value	$342,043