8429 N 300 ERolling PrairieIN46371
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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 Rolling Prairie at 8429 N 300 E, Rolling Prairie, IN, 46371 offers a 3.96% rental yield on a $1,390,000 purchase with $4,588/mo rent. 36% in year one. Equity gained on principal adds $8,969/yr while 5% annual appreciation supports $384,031 over five years. Portfolio math shows five-year ROI at 51.31% and total cumulative return in cash at $231,072. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,588/mo property income against a $6,803/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46371, Rolling Prairie, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,628 (100%) |
| Owner Occupied HU | 1,287 (79.1%) |
| Renter Occupied HU | 127 ( 7.8%) |
| Vacant Housing Units | 214 (13.1%) |
| Median Home Value | $291,705 |
| Average Home Value | $332,247 |
Housing Distribution
Address Breakdown
Residential
1,373
Single Family
1,373
Multi-Family
0
Businesses
73
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Listed by: Braedan Gallas • @properties/Christie's Intl RE
Mls Name: NIRA
Mls ID: #810130