920 E Front StCambridge CityIN47327
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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 Cambridge City at 920 E Front St, Cambridge City, IN, 47327 uses $59,670 cash to close to unlock $9,270/yr annual cash flow and $773/mo monthly cash flow. Total monthly income runs $1,853/mo, and a $881/mo payment keeps the spread at $773/mo. Purchase price stands at $180,000, and rental yield measures 12.35% with $1,853/mo rent. Return on cash invested shows 35.44% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 185.93% and total cumulative return in cash records $110,945. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,853/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47327, Cambridge City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,327 (100%) |
| Owner Occupied HU | 1,565 (67.3%) |
| Renter Occupied HU | 535 (23.0%) |
| Vacant Housing Units | 227 ( 9.8%) |
| Median Home Value | $178,159 |
| Average Home Value | $225,029 |
Housing Distribution
Address Breakdown
Residential
1,738
Single Family
1,657
Multi-Family
81
Businesses
152
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Listed by: Steve Slavin • Coldwell Banker Real Estate Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22056827