7697 20th RdArgosIN46501
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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
Investment property for sale in Argos at 7697 20th Rd, Argos, IN, 46501 listed at $850,000 pairs $3,311/mo rent with a $4,160/mo payment. Total monthly income runs $3,311/mo. Return on cash invested measures 12.37% in year one, and rental yield registers 4.67% at a $850,000 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 62.15% and total cumulative return in cash totals $173,806. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,311/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46501, Argos, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 1,108 (72.7%) |
| Renter Occupied HU | 297 (19.5%) |
| Vacant Housing Units | 120 ( 7.9%) |
| Median Home Value | $179,118 |
| Average Home Value | $215,512 |
Housing Distribution
Address Breakdown
Residential
1,520
Single Family
1,498
Multi-Family
22
Businesses
90
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Listed by: Shelley Marsiliano • RE/MAX OAK CREST -PLYMOUTH
Mls Name: IRMLS
Mls Provider:
Mls ID: #202531440
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.