823 S 400 WHebronIN46341
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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 Hebron at 823 S 400 W, Hebron, IN, 46341 uses $102,732 cash to close to unlock $8,453/yr annual cash flow and $704/mo monthly cash flow. Total monthly income runs $2,898/mo, and a $1,517/mo payment keeps the spread at $704/mo. Purchase price stands at $309,900, and rental yield measures 11.22% with $2,898/mo rent. Return on cash invested shows 28.14% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 148.15% and total cumulative return in cash records $152,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,898/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1981
4.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46341, Hebron, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,527 (82.7%) |
| Renter Occupied HU | 584 (13.7%) |
| Vacant Housing Units | 155 ( 3.6%) |
| Median Home Value | $317,044 |
| Average Home Value | $336,961 |
Housing Distribution
Address Breakdown
Residential
3,973
Single Family
3,553
Multi-Family
420
Businesses
133
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Listed by: Pete LaSalle • Listing Leaders
Mls Name: NIRA
Mls Provider:
Mls ID: #819824
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