841 N 550 EWestvilleIN46391
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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 Westville at 841 N 550 E, Westville, IN, 46391 listed at $550,000 pairs $3,989/mo rent with a $2,692/mo payment to leave $687/mo cash flow. Total monthly income runs $3,989/mo, and annual cash flow reaches $8,249/yr on $180,950 cash to close. Return on cash invested measures 24.62% in year one, and rental yield registers 8.7% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 127.83% and total cumulative return in cash totals $231,310. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,989/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
3.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46391, Westville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,666 (100%) |
| Owner Occupied HU | 2,138 (80.2%) |
| Renter Occupied HU | 320 (12.0%) |
| Vacant Housing Units | 208 ( 7.8%) |
| Median Home Value | $282,919 |
| Average Home Value | $313,773 |
Housing Distribution
Address Breakdown
Residential
2,427
Single Family
2,197
Multi-Family
230
Businesses
109
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Listed by: Dawn Marie Collins • @properties/Christie's Intl RE
Mls Name: NIRA
Mls Provider:
Mls ID: #826042
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