767 County Road 68GarrettIN46738
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 Garrett at 767 County Road 68, Garrett, IN, 46738 offers a 7.15% rental yield on a $314,900 purchase with $1,876/mo rent. 75% in year one. Equity gained on principal adds $2,032/yr while 5% annual appreciation supports $87,001 over five years. Portfolio math shows five-year ROI at 101.73% and total cumulative return in cash at $106,198. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,876/mo property income against a $1,541/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
2.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46738, Garrett, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,457 (100%) |
| Owner Occupied HU | 2,591 (74.9%) |
| Renter Occupied HU | 727 (21.0%) |
| Vacant Housing Units | 139 ( 4.0%) |
| Median Home Value | $197,979 |
| Average Home Value | $219,234 |
Housing Distribution
Address Breakdown
Residential
3,317
Single Family
3,217
Multi-Family
100
Businesses
233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Troy Wieland • Wieland Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512810
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.