7940 N Silver RdFremontIN46737
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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 Fremont at 7940 N Silver Rd, Fremont, IN, 46737 with 5% annual appreciation on a $183,000 basis while $1,694/mo rent supports operations. Total monthly income totals $1,694/mo and a $896/mo payment preserves $595/mo for cash returns. Annual cash flow comes to $7,142/yr on $60,665 deployed, and return on cash invested reaches 31.68% in year one. Equity gained on principal adds $1,181/yr, and five-year appreciation sums $50,560 alongside rental yield of 11.11%. Five-year ROI measures 165.8% and total cumulative return in cash totals $100,583.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,694/mo property income versus a $896/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46737, Fremont, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,505 (100%) |
| Owner Occupied HU | 2,509 (55.7%) |
| Renter Occupied HU | 455 (10.1%) |
| Vacant Housing Units | 1,541 (34.2%) |
| Median Home Value | $310,137 |
| Average Home Value | $424,275 |
Housing Distribution
Address Breakdown
Residential
2,870
Single Family
2,870
Multi-Family
0
Businesses
215
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Listed by: Darlene Myers • RE/MAX Results - Angola office
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518115
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.