8937 S 900 WLa FontaineIN46940
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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 La Fontaine at 8937 S 900 W, La Fontaine, IN, 46940 uses $51,349 cash to close to unlock $4,960/yr annual cash flow and $413/mo monthly cash flow. Total monthly income runs $1,343/mo, and a $758/mo payment keeps the spread at $413/mo. Purchase price stands at $154,900, and rental yield measures 10.4% with $1,343/mo rent. Return on cash invested shows 29.57% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 154.46% and total cumulative return in cash records $79,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,343/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1956
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46940, La Fontaine, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,145 (100%) |
| Owner Occupied HU | 847 (74.0%) |
| Renter Occupied HU | 172 (15.0%) |
| Vacant Housing Units | 126 (11.0%) |
| Median Home Value | $202,446 |
| Average Home Value | $244,976 |
Housing Distribution
Address Breakdown
Residential
934
Single Family
926
Multi-Family
8
Businesses
29
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Listed by: Tamera Selig • Century 21 The Property Shoppe
Mls Name: IRMLS
Mls ID: #202547205