925 N 280 WAngolaIN46703
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Angola at 925 N 280 W, Angola, IN, 46703 uses $127,628 cash to close to unlock $11,931/yr annual cash flow and $994/mo monthly cash flow. Total monthly income runs $3,305/mo, and a $1,884/mo payment keeps the spread at $994/mo. Purchase price stands at $385,000, and rental yield measures 10.3% with $3,305/mo rent. Return on cash invested shows 29.26% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 152.75% and total cumulative return in cash records $194,950. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,305/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46703, Angola, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,798 (100%) |
| Owner Occupied HU | 5,429 (55.4%) |
| Renter Occupied HU | 2,052 (20.9%) |
| Vacant Housing Units | 2,317 (23.6%) |
| Median Home Value | $272,006 |
| Average Home Value | $345,110 |
Housing Distribution
Address Breakdown
Residential
7,691
Single Family
7,223
Multi-Family
468
Businesses
858
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erika Gaetz • Century 21 Bradley-Angola
Mls Name: IRMLS
Mls Provider:
Mls ID: #202533853
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.