7903 S Westmead DrNewberryIN47449
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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 Newberry at 7903 S Westmead Dr, Newberry, IN, 47449 offers a 8.51% rental yield on a $267,000 purchase with $1,893/mo rent. Total monthly income registers $1,893/mo, and a $1,307/mo payment leaves $290/mo available for distribution. Annual cash flow reaches $3,481/yr on $88,511 to close, and return on cash invested stands at 23.84% in year one. Equity gained on principal adds $1,723/yr while 5% annual appreciation supports $73,767 over five years. Portfolio math shows five-year ROI at 123.74% and total cumulative return in cash at $109,519. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,893/mo property income against a $1,307/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47449, Newberry, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 259 (100%) |
| Owner Occupied HU | 190 (73.4%) |
| Renter Occupied HU | 22 ( 8.5%) |
| Vacant Housing Units | 47 (18.1%) |
| Median Home Value | $216,197 |
| Average Home Value | $232,829 |
Housing Distribution
Address Breakdown
Residential
193
Single Family
193
Multi-Family
0
Businesses
16
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Listed by: Holland Nightenhelser • Jason Millican Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508166
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.