8196 E Walnut RdgNew CarlisleIN46552
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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 New Carlisle at 8196 E Walnut Rdg, New Carlisle, IN, 46552 listed at $850,000 pairs $6,402/mo rent with a $4,160/mo payment to leave $1,300/mo cash flow. Total monthly income runs $6,402/mo, and annual cash flow reaches $15,599/yr on $279,650 cash to close. Return on cash invested measures 25.64% in year one, and rental yield registers 9.04% at a $850,000 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 133.28% and total cumulative return in cash totals $372,706. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,402/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
6.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46552, New Carlisle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,992 (100%) |
| Owner Occupied HU | 2,115 (70.7%) |
| Renter Occupied HU | 521 (17.4%) |
| Vacant Housing Units | 356 (11.9%) |
| Median Home Value | $262,293 |
| Average Home Value | $301,338 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
2,085
Multi-Family
102
Businesses
155
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Listed by: Stephanie Crothers • Re/Max County Wide 1st
Mls Name: IRMLS
Mls ID: #202549317