8461 N 600 W, Lake Village, IN, 46349 | 3.86% Rental Yield

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,444/mo, and a $2,198/mo payment. Purchase price stands at $449,000, and rental yield measures 3.86% with $1,444/mo rent. Return on cash invested shows 9.82% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 48.5% and total cumulative return in cash records $72,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,444/mo property income covering a $2,198/mo payment rather than investor’s personal income.

Single Family

Built in 1992

5 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46349, Lake Village, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,518 (100%)
Owner Occupied HU	1,220 (80.4%)
Renter Occupied HU	157 (10.3%)
Vacant Housing Units	141 ( 9.3%)
Median Home Value	$205,941
Average Home Value	$222,834