907 Sand Drift DrFremontIN46737
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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 Fremont at 907 Sand Drift Dr, Fremont, IN, 46737 uses $105,749 cash to close to unlock $9,581/yr annual cash flow and $798/mo monthly cash flow. Total monthly income runs $2,713/mo, and a $1,561/mo payment keeps the spread at $798/mo. Purchase price stands at $319,000, and rental yield measures 10.21% with $2,713/mo rent. Return on cash invested shows 28.97% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 151.2% and total cumulative return in cash records $159,889. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,713/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46737, Fremont, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,505 (100%) |
| Owner Occupied HU | 2,509 (55.7%) |
| Renter Occupied HU | 455 (10.1%) |
| Vacant Housing Units | 1,541 (34.2%) |
| Median Home Value | $310,137 |
| Average Home Value | $424,275 |
Housing Distribution
Address Breakdown
Residential
2,870
Single Family
2,870
Multi-Family
0
Businesses
215
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Listed by: G Craig Ralston • RE/MAX Results - Angola office
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521251
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.