740 Milbrodt Dr, Whiteland, IN, 46184 | $564/mo Cash Flow

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740 Milbrodt Dr, Whiteland, IN, 46184 | $564/mo Cash Flow | Ziffy

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 Whiteland at 740 Milbrodt Dr, Whiteland, IN, 46184 with 5% annual appreciation on a $489,000 basis while $3,499/mo rent supports operations. Total monthly income totals $3,499/mo and a $2,393/mo payment preserves $564/mo for cash returns. Annual cash flow comes to $6,768/yr on $162,104 deployed, and return on cash invested reaches 24.08% in year one. Equity gained on principal adds $3,155/yr, and five-year appreciation sums $135,102 alongside rental yield of 8.59%. Five-year ROI measures 125% and total cumulative return in cash totals $202,630.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,499/mo property income versus a $2,393/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

D.R. Horton, Americas Builder, presents the Dayton, available as a quick move-in home in Saddlebrook Farms. Grand in size and style, the Dayton is a 3,388 square feet, 5 bedroom beauty. Open living with an expansive great room, casual dining area and kitchen. The well-designed kitchen is enhanced by a large center island with plenty of countertop and cabinet space, generous walk-in pantry with access to the dining area. The main level also features a flex room which can serve as a home office or kids play room. The extra spacious main level bedroom and ensuite bathroom is superb for guests or multi-generational living. The amazing primary bedroom suite is completed by a generous walk-in closet and roomy ensuite bath with dual-sink vanity, luxe shower, linen storage, and private water closet. Overlooked by a sizable loft, secondary bedrooms feature ample closets. The hall bath features a dual-sink vanity and private commode and shower space. Additionally, the laundry room is conveniently located on the upper level. This home is located close to green space, a walking trail and the community playground, making it a perfect location for families with children. This neighborhood is conveniently located in Whiteland right by US 31 and I-65. All D.R. Horton homes come with Americas Smart Home Technology, an industry-leading suite of smart home products that keep you connected with the people and place you value most. Photos are representative of plan and may vary as built.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46184, Whiteland, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,190 (100%)
Owner Occupied HU	4,390 (84.6%)
Renter Occupied HU	740 (14.3%)
Vacant Housing Units	60 ( 1.2%)
Median Home Value	$261,290
Average Home Value	$282,753