8598 S Riser DrNinevehIN46164
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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 Nineveh at 8598 S Riser Dr, Nineveh, IN, 46164 earns $285/mo cash flow from $2,236/mo rent with a $1,591/mo payment. Total monthly income totals $2,236/mo, and annual cash flow totals $3,417/yr on $107,738 capital. ROI tracks 23.08% on current figures, and rental yield reads 8.26% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 119.6% and total cumulative return in cash sums $128,857. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,236/mo property income instead of your personal income.
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46164, Nineveh, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,691 (100%) |
| Owner Occupied HU | 1,648 (61.2%) |
| Renter Occupied HU | 150 ( 5.6%) |
| Vacant Housing Units | 893 (33.2%) |
| Median Home Value | $327,011 |
| Average Home Value | $368,879 |
Housing Distribution
Address Breakdown
Residential
2,297
Single Family
2,297
Multi-Family
0
Businesses
68
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Listed by: Mark C Dietel • Mark Dietel Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510985
Disclaimer: 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.