8420 Parrish CtHighlandIN46322
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 Highland at 8420 Parrish Ct, Highland, IN, 46322 earns $928/mo cash flow from $3,299/mo rent with a $1,933/mo payment. Total monthly income totals $3,299/mo, and annual cash flow totals $11,139/yr on $130,943 capital. ROI tracks 28.42% on current figures, and rental yield reads 10.02% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 148.24% and total cumulative return in cash sums $194,106. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,299/mo property income instead of your personal income.
Single Family
Built in 1959
9,517 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices