7583 W Rock Lake Shore DrAkronIN46910
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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
Rental property for sale in Akron at 7583 W Rock Lake Shore Dr, Akron, IN, 46910 priced at $115,000 pairs $868/mo rent with $178/mo cash flow after a $563/mo payment. Total monthly income equals $868/mo, and annual cash flow comes to $2,130/yr on $38,123 invested. Return on cash invested is 25.5% in year one, and rental yield stands at 9.06% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 132.61% and total cumulative return in cash reaches $50,553. For financing, Ziffy Mortgage’s DSCR program evaluates $868/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46910, Akron, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,402 (100%) |
| Owner Occupied HU | 1,020 (72.8%) |
| Renter Occupied HU | 223 (15.9%) |
| Vacant Housing Units | 159 (11.3%) |
| Median Home Value | $223,214 |
| Average Home Value | $218,537 |
Housing Distribution
Address Breakdown
Residential
1,038
Single Family
1,022
Multi-Family
16
Businesses
68
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Listed by: James Bausch • RE/MAX Results- Warsaw
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508786
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.