9301 E Division RdMill CreekIN46365
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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 Mill Creek at 9301 E Division Rd, Mill Creek, IN, 46365 earns from $3,050/mo rent with a $3,916/mo payment. Total monthly income totals $3,050/mo. ROI tracks 12.07% on current figures, and rental yield reads 4.58% at a $800,000 purchase. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,025 over five years. Five-year ROI reaches 60.53% and total cumulative return in cash sums $159,320. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,050/mo property income instead of your personal income.
Single Family
Built in 2008
12.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46365, Mill Creek, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 401 (100%) |
| Owner Occupied HU | 349 (87.0%) |
| Renter Occupied HU | 44 (11.0%) |
| Vacant Housing Units | 8 ( 2.0%) |
| Median Home Value | $278,030 |
| Average Home Value | $454,993 |
Housing Distribution
Address Breakdown
Residential
403
Single Family
403
Multi-Family
0
Businesses
4
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Listed by: Thomas Hickey • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls ID: #202548634