860 N 550 EWestvilleIN46391
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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 Westville at 860 N 550 E, Westville, IN, 46391 earns $651/mo cash flow from $3,737/mo rent with a $2,516/mo payment. Total monthly income totals $3,737/mo, and annual cash flow totals $7,816/yr on $169,106 capital. ROI tracks 24.68% on current figures, and rental yield reads 8.72% at a $514,000 purchase. Equity gained on principal adds $3,317/yr, and 5% annual appreciation supports $142,009 over five years. Five-year ROI reaches 128.17% and total cumulative return in cash sums $216,743. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,737/mo property income instead of your personal income.
Single Family
Built in 1994
2.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46391, Westville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,666 (100%) |
| Owner Occupied HU | 2,138 (80.2%) |
| Renter Occupied HU | 320 (12.0%) |
| Vacant Housing Units | 208 ( 7.8%) |
| Median Home Value | $282,919 |
| Average Home Value | $313,773 |
Housing Distribution
Address Breakdown
Residential
2,427
Single Family
2,197
Multi-Family
230
Businesses
109
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