940 Old Beach RdDyerIN46311
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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 Dyer at 940 Old Beach Rd, Dyer, IN, 46311 offers a 10.24% rental yield on a $339,750 purchase with $2,899/mo rent. Total monthly income registers $2,899/mo, and a $1,663/mo payment leaves $859/mo available for distribution. Annual cash flow reaches $10,313/yr on $112,627 to close, and return on cash invested stands at 29.07% in year one. Equity gained on principal adds $2,192/yr while 5% annual appreciation supports $93,867 over five years. Portfolio math shows five-year ROI at 151.71% and total cumulative return in cash at $170,868. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,899/mo property income against a $1,663/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
9,750 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46311, Dyer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,550 (100%) |
| Owner Occupied HU | 8,584 (89.9%) |
| Renter Occupied HU | 622 ( 6.5%) |
| Vacant Housing Units | 344 ( 3.6%) |
| Median Home Value | $335,628 |
| Average Home Value | $375,557 |
Housing Distribution
Address Breakdown
Residential
9,212
Single Family
8,996
Multi-Family
216
Businesses
509
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