865 N 280 WAngolaIN46703
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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 Angola at 865 N 280 W, Angola, IN, 46703 earns $938/mo cash flow from $3,398/mo rent with a $2,006/mo payment. Total monthly income totals $3,398/mo, and annual cash flow totals $11,252/yr on $135,882 capital. ROI tracks 28.19% on current figures, and rental yield reads 9.95% at a $409,900 purchase. Equity gained on principal adds $2,645/yr, and 5% annual appreciation supports $113,248 over five years. Five-year ROI reaches 147% and total cumulative return in cash sums $199,744. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,398/mo property income instead of your personal income.
Single Family
Built in 1999
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46703, Angola, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,798 (100%) |
| Owner Occupied HU | 5,429 (55.4%) |
| Renter Occupied HU | 2,052 (20.9%) |
| Vacant Housing Units | 2,317 (23.6%) |
| Median Home Value | $272,006 |
| Average Home Value | $345,110 |
Housing Distribution
Address Breakdown
Residential
7,691
Single Family
7,223
Multi-Family
468
Businesses
858
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