736 Cinnamon Teal CtHobartIN46342
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 Hobart at 736 Cinnamon Teal Ct, Hobart, IN, 46342 with 5% annual appreciation on a $440,000 basis while $3,558/mo rent supports operations. Total monthly income totals $3,558/mo and a $2,154/mo payment preserves $916/mo for cash returns. Annual cash flow comes to $10,996/yr on $145,860 deployed, and return on cash invested reaches 27.45% in year one. Equity gained on principal adds $2,839/yr, and five-year appreciation sums $121,564 alongside rental yield of 9.7%. Five-year ROI measures 143.04% and total cumulative return in cash totals $208,642.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,558/mo property income versus a $2,154/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46342, Hobart, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,699 (100%) |
| Owner Occupied HU | 9,996 (73.0%) |
| Renter Occupied HU | 2,806 (20.5%) |
| Vacant Housing Units | 897 ( 6.5%) |
| Median Home Value | $231,713 |
| Average Home Value | $262,010 |
Housing Distribution
Address Breakdown
Residential
13,166
Single Family
11,782
Multi-Family
1,384
Businesses
705
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices