94 E Albert StDenverIN46926
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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 Denver at 94 E Albert St, Denver, IN, 46926 earns $607/mo cash flow from $1,507/mo rent with a $734/mo payment. Total monthly income totals $1,507/mo, and annual cash flow totals $7,281/yr on $49,725 capital. ROI tracks 34.55% on current figures, and rental yield reads 12.06% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 181.13% and total cumulative return in cash sums $90,066. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,507/mo property income instead of your personal income.
Single Family
Built in 1951
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46926, Denver, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 715 (100%) |
| Owner Occupied HU | 591 (82.7%) |
| Renter Occupied HU | 69 ( 9.7%) |
| Vacant Housing Units | 55 ( 7.7%) |
| Median Home Value | $199,764 |
| Average Home Value | $247,191 |
Housing Distribution
Address Breakdown
Residential
518
Single Family
518
Multi-Family
0
Businesses
30
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Listed by: Nikki Nordman • Carriger Oldfather Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439304
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.