820 Roosevelt AveEdinburghIN46124
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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 Edinburgh at 820 Roosevelt Ave, Edinburgh, IN, 46124 priced at $159,000 pairs $1,560/mo rent with $606/mo cash flow after a $778/mo payment. Total monthly income equals $1,560/mo, and annual cash flow comes to $7,269/yr on $52,709 invested. Return on cash invested is 33.7% in year one, and rental yield stands at 11.77% on a $159,000 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,929 by year five. Five-year ROI measures 176.58% and total cumulative return in cash reaches $93,072. For financing, Ziffy Mortgage’s DSCR program evaluates $1,560/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46124, Edinburgh, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,510 (100%) |
| Owner Occupied HU | 2,403 (68.5%) |
| Renter Occupied HU | 880 (25.1%) |
| Vacant Housing Units | 227 ( 6.5%) |
| Median Home Value | $189,610 |
| Average Home Value | $271,478 |
Housing Distribution
Address Breakdown
Residential
3,131
Single Family
2,950
Multi-Family
181
Businesses
334
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