7769 E Bell AveNew CarlisleIN46552
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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 New Carlisle at 7769 E Bell Ave, New Carlisle, IN, 46552 uses $81,218 cash to close to unlock $3,042/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $1,724/mo, and a $1,199/mo payment keeps the spread at $253/mo. Purchase price stands at $245,000, and rental yield measures 8.44% with $1,724/mo rent. Return on cash invested shows 23.65% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 122.69% and total cumulative return in cash records $99,648. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,724/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46552, New Carlisle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,992 (100%) |
| Owner Occupied HU | 2,115 (70.7%) |
| Renter Occupied HU | 521 (17.4%) |
| Vacant Housing Units | 356 (11.9%) |
| Median Home Value | $262,293 |
| Average Home Value | $301,338 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
2,085
Multi-Family
102
Businesses
155
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Listed by: Jay Tenuta • Coldwell Banker 1st Choice
Mls Name: IRMLS
Mls ID: #202539882