7154 Covington StLebanonIN46052
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
Investment property for sale in Lebanon at 7154 Covington St, Lebanon, IN, 46052 earns $591/mo cash flow from $3,130/mo rent with a $2,070/mo payment. Total monthly income totals $3,130/mo, and annual cash flow totals $7,095/yr on $140,191 capital. ROI tracks 24.97% on current figures, and rental yield reads 8.88% at a $422,900 purchase. Equity gained on principal adds $2,729/yr, and 5% annual appreciation supports $116,839 over five years. Five-year ROI reaches 129.76% and total cumulative return in cash sums $181,913. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,130/mo property income instead of your personal income.
Single Family
Built in 2023
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46052, Lebanon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,620 (100%) |
| Owner Occupied HU | 7,092 (66.8%) |
| Renter Occupied HU | 2,845 (26.8%) |
| Vacant Housing Units | 683 ( 6.4%) |
| Median Home Value | $249,031 |
| Average Home Value | $321,785 |
Housing Distribution
Address Breakdown
Residential
10,065
Single Family
9,322
Multi-Family
743
Businesses
800
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices