7320 W 500 SSwayzeeIN46986
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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 Swayzee at 7320 W 500 S, Swayzee, IN, 46986 uses $84,533 cash to close to unlock $2,932/yr annual cash flow and $244/mo monthly cash flow. Total monthly income runs $1,775/mo, and a $1,248/mo payment keeps the spread at $244/mo. Purchase price stands at $255,000, and rental yield measures 8.35% with $1,775/mo rent. Return on cash invested shows 23.38% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 121.23% and total cumulative return in cash records $102,476. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,775/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1961
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46986, Swayzee, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 775 (100%) |
| Owner Occupied HU | 585 (75.5%) |
| Renter Occupied HU | 113 (14.6%) |
| Vacant Housing Units | 77 ( 9.9%) |
| Median Home Value | $198,093 |
| Average Home Value | $241,585 |
Housing Distribution
Address Breakdown
Residential
649
Single Family
649
Multi-Family
0
Businesses
36
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