7515 W 96th StZionsvilleIN46077
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
Rental property for sale in Zionsville at 7515 W 96th St, Zionsville, IN, 46077 generates $5,142/mo in rent, after a $4,890/mo payment. Total monthly income is $5,142/mo. Return on cash invested sits at 16.94% in year one, and rental yield is 6.18% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 86.63% and total cumulative return in cash sums $284,714. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,142/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
2.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46077, Zionsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,386 (100%) |
| Owner Occupied HU | 10,067 (75.2%) |
| Renter Occupied HU | 2,624 (19.6%) |
| Vacant Housing Units | 695 ( 5.2%) |
| Median Home Value | $557,806 |
| Average Home Value | $598,482 |
Housing Distribution
Address Breakdown
Residential
13,216
Single Family
11,385
Multi-Family
1,831
Businesses
1,009
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robbin Edwards • Encore Sotheby's International
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22072095