723 W Indiana AveUplandIN46989
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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 Upland at 723 W Indiana Ave, Upland, IN, 46989 uses $69,449 cash to close to unlock $9,190/yr annual cash flow and $766/mo monthly cash flow. Total monthly income runs $2,023/mo, and a $1,025/mo payment keeps the spread at $766/mo. Purchase price stands at $209,500, and rental yield measures 11.59% with $2,023/mo rent. Return on cash invested shows 33.14% in year one, and 5% annual appreciation builds toward $57,881 over five years. Five-year ROI reaches 173.55% and total cumulative return in cash records $120,531. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,023/mo property income covering a $1,025/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46989, Upland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,539 (100%) |
| Owner Occupied HU | 1,094 (71.1%) |
| Renter Occupied HU | 288 (18.7%) |
| Vacant Housing Units | 157 (10.2%) |
| Median Home Value | $245,909 |
| Average Home Value | $269,321 |
Housing Distribution
Address Breakdown
Residential
1,188
Single Family
1,188
Multi-Family
0
Businesses
74
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