7929 N County Road 320 EAlbanyIN47320
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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
Total monthly income runs $859/mo, and a $930/mo payment. Purchase price stands at $190,000, and rental yield measures 5.43% with $859/mo rent. Return on cash invested shows 14.54% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 73.87% and total cumulative return in cash records $46,524. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $859/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1968
3.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47320, Albany, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,805 (100%) |
| Owner Occupied HU | 1,321 (73.2%) |
| Renter Occupied HU | 334 (18.5%) |
| Vacant Housing Units | 150 ( 8.3%) |
| Median Home Value | $193,394 |
| Average Home Value | $216,785 |
Housing Distribution
Address Breakdown
Residential
1,707
Single Family
1,707
Multi-Family
0
Businesses
90
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Listed by: Annette Caldwell • RE/MAX at the Crossing.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202534145
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