8004 Manor Drive NELanesvilleIN47136
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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 Lanesville at 8004 Manor Drive NE, Lanesville, IN, 47136 earns $493/mo cash flow from $1,754/mo rent with a $1,028/mo payment. Total monthly income totals $1,754/mo, and annual cash flow totals $5,919/yr on $69,615 capital. ROI tracks 28.41% on current figures, and rental yield reads 10.02% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 148.25% and total cumulative return in cash sums $103,204. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,754/mo property income instead of your personal income.
Single Family
Built in 1966
9,234 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47136, Lanesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,034 (100%) |
| Owner Occupied HU | 1,721 (84.6%) |
| Renter Occupied HU | 227 (11.2%) |
| Vacant Housing Units | 86 ( 4.2%) |
| Median Home Value | $304,545 |
| Average Home Value | $341,761 |
Housing Distribution
Address Breakdown
Residential
1,889
Single Family
1,889
Multi-Family
0
Businesses
69
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Listed by: John K. Davis • Green Tree Real Estate Services
Mls Name: SIRA
Mls ID: #202605723