9191 State Road 10ArgosIN46501
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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 Argos at 9191 State Road 10, Argos, IN, 46501 listed at $244,200 pairs $1,994/mo rent with a $1,195/mo payment to leave $528/mo cash flow. Total monthly income runs $1,994/mo, and annual cash flow reaches $6,335/yr on $80,952 cash to close. Return on cash invested measures 27.73% in year one, and rental yield registers 9.8% at a $244,200 basis. Equity gained on principal adds $1,576/yr, and annual property appreciation at 5% supports $67,468 by year five. Five-year ROI tracks 144.56% and total cumulative return in cash totals $117,025. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,994/mo property income relative to a $1,195/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46501, Argos, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 1,108 (72.7%) |
| Renter Occupied HU | 297 (19.5%) |
| Vacant Housing Units | 120 ( 7.9%) |
| Median Home Value | $179,118 |
| Average Home Value | $215,512 |
Housing Distribution
Address Breakdown
Residential
1,520
Single Family
1,498
Multi-Family
22
Businesses
90
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