7655 Pine Shore Drive SEElizabethIN47117
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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
Total monthly income runs $2,701/mo, and a $2,251/mo payment. Purchase price stands at $460,000, and rental yield measures 7.05% with $2,701/mo rent. Return on cash invested shows 19.44% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 100.09% and total cumulative return in cash records $152,629. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,701/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 1999
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47117, Elizabeth, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,903 (100%) |
| Owner Occupied HU | 1,547 (81.3%) |
| Renter Occupied HU | 188 ( 9.9%) |
| Vacant Housing Units | 168 ( 8.8%) |
| Median Home Value | $235,074 |
| Average Home Value | $269,627 |
Housing Distribution
Address Breakdown
Residential
1,785
Single Family
1,785
Multi-Family
0
Businesses
42
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