906 S Devonshire Rd, Yorktown, IN, 47396 | $623/mo Cash Flow

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906 S Devonshire Rd, Yorktown, IN, 47396 | $623/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Yorktown at 906 S Devonshire Rd, Yorktown, IN, 47396 listed at $274,900 pairs $2,273/mo rent with a $1,346/mo payment to leave $623/mo cash flow. Total monthly income runs $2,273/mo, and annual cash flow reaches $7,480/yr on $91,129 cash to close. Return on cash invested measures 28.12% in year one, and rental yield registers 9.92% at a $274,900 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,950 by year five. Five-year ROI tracks 146.64% and total cumulative return in cash totals $133,635. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,273/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1981

0.27 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully updated home in the highly sought-after Yorktown School District, offering over 2,000 sq. ft. of comfortable living space. This spacious property features 3 bedrooms and 3 full bathrooms, providing plenty of room for family and guests. The updated kitchen boasts solid-surface countertops, stainless steel appliances (included), and a functional layout perfect for everyday living and entertaining. The large living room impresses with vaulted ceilings, a showstopping updated fireplace (2023), new flooring, and an inviting, open feel. Enjoy abundant natural light in the beautiful sunroom, an ideal spot for morning coffee or relaxing at the end of the day. Step outside to the covered patio (added 2023) and private, fully fenced backyard, complete with a storage shed for extra convenience. Youll love the locationjust steps from the Yorktown Trail System, walking distance to Yorktown Schools, and a short drive to Ball State University and Ball Memorial Hospital. Major updates include: shed roof (2023), barn doors (2023), updated fireplace (2023), living-room flooring, laundry room update (2022), and fresh paint throughout.