8527 N 500 WRensselaerIN47978
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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
Total monthly income runs $2,738/mo, and a $3,304/mo payment. Purchase price stands at $675,000, and rental yield measures 4.87% with $2,738/mo rent. Return on cash invested shows 12.96% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 65.29% and total cumulative return in cash records $144,999. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,738/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Single Family
Built in 2009
15.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47978, Rensselaer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,710 (100%) |
| Owner Occupied HU | 3,173 (67.4%) |
| Renter Occupied HU | 1,190 (25.3%) |
| Vacant Housing Units | 347 ( 7.4%) |
| Median Home Value | $207,764 |
| Average Home Value | $254,811 |
Housing Distribution
Address Breakdown
Residential
4,454
Single Family
4,324
Multi-Family
130
Businesses
430
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Listed by: Manuel Hernandez • Simplify Your Move! Realty Inc
Mls Name: NIRA
Mls Provider:
Mls ID: #822396
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.