7909 S Spring StDalevilleIN47334
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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
Rental property for sale in Daleville at 7909 S Spring St, Daleville, IN, 47334 generates $1,096/mo in rent and, after a $709/mo payment, leaves $226/mo in cash flow. Total monthly income is $1,096/mo, and annual cash flow is $2,717/yr on $48,034 invested. Return on cash invested sits at 25.56% in year one, and rental yield is 9.08% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 132.98% and total cumulative return in cash sums $63,877. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,096/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47334, Daleville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,468 (100%) |
| Owner Occupied HU | 1,105 (75.3%) |
| Renter Occupied HU | 264 (18.0%) |
| Vacant Housing Units | 99 ( 6.7%) |
| Median Home Value | $227,110 |
| Average Home Value | $248,572 |
Housing Distribution
Address Breakdown
Residential
1,261
Single Family
1,199
Multi-Family
62
Businesses
107
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