807 N Courtland Park Dr, Silver Lake, IN, 46982 | $228/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Silver Lake at 807 N Courtland Park Dr, Silver Lake, IN, 46982 generates $979/mo in rent and, after a $612/mo payment, leaves $228/mo in cash flow. Total monthly income is $979/mo, and annual cash flow is $2,742/yr on $41,438 invested. Return on cash invested sits at 26.53% in year one, and rental yield is 9.4% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 138.12% and total cumulative return in cash sums $57,233. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $979/mo property income rather than buyer’s personal income.

Single Family

Built in 1940

4,791 sqft lot

$N/A/sqft

No HOA