8339 Gordon DrHighlandIN46322
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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 Highland at 8339 Gordon Dr, Highland, IN, 46322 earns $230/mo cash flow from $1,638/mo rent with a $1,148/mo payment. Total monthly income totals $1,638/mo, and annual cash flow totals $2,761/yr on $77,737 capital. ROI tracks 23.46% on current figures, and rental yield reads 8.38% at a $234,500 purchase. Equity gained on principal adds $1,513/yr, and 5% annual appreciation supports $64,788 over five years. Five-year ROI reaches 121.71% and total cumulative return in cash sums $94,612. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,638/mo property income instead of your personal income.
Single Family
Built in 1949
9,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46322, Highland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,588 (100%) |
| Owner Occupied HU | 7,922 (74.8%) |
| Renter Occupied HU | 2,280 (21.5%) |
| Vacant Housing Units | 386 ( 3.6%) |
| Median Home Value | $243,747 |
| Average Home Value | $271,248 |
Housing Distribution
Address Breakdown
Residential
10,380
Single Family
8,500
Multi-Family
1,880
Businesses
918
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