8025 W 500 NLigonierIN46767
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ligonier at 8025 W 500 N, Ligonier, IN, 46767 uses $205,592 cash to close to unlock $6,365/yr annual cash flow and $530/mo monthly cash flow. Total monthly income runs $4,282/mo, and a $3,059/mo payment keeps the spread at $530/mo. Purchase price stands at $624,900, and rental yield measures 8.22% with $4,282/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $172,648 over five years. Five-year ROI reaches 119.99% and total cumulative return in cash records $246,689. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,282/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 1991
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46767, Ligonier, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,129 (100%) |
| Owner Occupied HU | 2,054 (65.6%) |
| Renter Occupied HU | 787 (25.2%) |
| Vacant Housing Units | 288 ( 9.2%) |
| Median Home Value | $234,753 |
| Average Home Value | $277,471 |
Housing Distribution
Address Breakdown
Residential
2,897
Single Family
2,811
Multi-Family
86
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices