803 North StAtticaIN47918
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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 Attica at 803 North St, Attica, IN, 47918 priced at $199,900 converts $1,228/mo rent into $28/mo cash flow after a $978/mo obligation. Total monthly income equals $1,228/mo, and annual cash flow totals $341/yr on $66,267 invested. Return on cash invested prints 20.42% in year one, and rental yield reads 7.37% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 105.39% and total cumulative return in cash sums $69,841. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,228/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1967
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47918, Attica, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,831 (100%) |
| Owner Occupied HU | 1,954 (69.0%) |
| Renter Occupied HU | 565 (20.0%) |
| Vacant Housing Units | 312 (11.0%) |
| Median Home Value | $168,497 |
| Average Home Value | $208,433 |
Housing Distribution
Address Breakdown
Residential
2,559
Single Family
2,559
Multi-Family
0
Businesses
195
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Listed by: Cathy C Russell • @properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202507885
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.