7721 Cordry DrNinevehIN46164
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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 Nineveh at 7721 Cordry Dr, Nineveh, IN, 46164 at $346,700 posts ROI 30.27% with $993/mo cash flow from $3,074/mo rent. Total monthly income equals $3,074/mo, and annual cash flow records $11,913/yr on $114,931 to close. Return on cash invested measures 30.27% and rental yield reads 10.64% at the current $346,700. Equity gained on principal adds $2,237/yr, and 5% annual appreciation supports $95,787 by year five. Five-year ROI prints 158.18% and total cumulative return in cash totals $181,798.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,074/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46164, Nineveh, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,691 (100%) |
| Owner Occupied HU | 1,648 (61.2%) |
| Renter Occupied HU | 150 ( 5.6%) |
| Vacant Housing Units | 893 (33.2%) |
| Median Home Value | $327,011 |
| Average Home Value | $368,879 |
Housing Distribution
Address Breakdown
Residential
2,297
Single Family
2,297
Multi-Family
0
Businesses
68
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