827 Maple DrSpencerIN47460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Spencer at 827 Maple Dr, Spencer, IN, 47460 earns $1,291/mo cash flow from $2,435/mo rent with a $920/mo payment. Total monthly income totals $2,435/mo, and annual cash flow totals $15,495/yr on $62,322 capital. ROI tracks 44.77% on current figures, and rental yield reads 15.54% at a $188,000 purchase. Equity gained on principal adds $1,213/yr, and 5% annual appreciation supports $51,941 over five years. Five-year ROI reaches 236.08% and total cumulative return in cash sums $147,128. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,435/mo property income instead of your personal income.
Single Family
Built in 1976
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47460, Spencer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 3,784 (72.9%) |
| Renter Occupied HU | 949 (18.3%) |
| Vacant Housing Units | 457 ( 8.8%) |
| Median Home Value | $187,057 |
| Average Home Value | $214,772 |
Housing Distribution
Address Breakdown
Residential
4,901
Single Family
4,899
Multi-Family
2
Businesses
417
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices