863 Flagstone DrDyerIN46311
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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 Dyer at 863 Flagstone Dr, Dyer, IN, 46311 uses $74,919 cash to close to unlock $2,862/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $1,595/mo, and a $1,106/mo payment keeps the spread at $239/mo. Purchase price stands at $225,999, and rental yield measures 8.47% with $1,595/mo rent. Return on cash invested shows 23.73% in year one, and 5% annual appreciation builds toward $62,439 over five years. Five-year ROI reaches 123.11% and total cumulative return in cash records $92,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,595/mo property income covering a $1,106/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
1,263 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46311, Dyer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,550 (100%) |
| Owner Occupied HU | 8,584 (89.9%) |
| Renter Occupied HU | 622 ( 6.5%) |
| Vacant Housing Units | 344 ( 3.6%) |
| Median Home Value | $335,628 |
| Average Home Value | $375,557 |
Housing Distribution
Address Breakdown
Residential
9,212
Single Family
8,996
Multi-Family
216
Businesses
509
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