9880 N 130 WLake VillageIN46349
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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 Lake Village at 9880 N 130 W, Lake Village, IN, 46349 listed at $334,900 pairs $2,596/mo rent with a $1,639/mo payment to leave $586/mo cash flow. Total monthly income runs $2,596/mo, and annual cash flow reaches $7,030/yr on $111,019 cash to close. Return on cash invested measures 26.24% in year one, and rental yield registers 9.3% at a $334,900 basis. Equity gained on principal adds $2,161/yr, and annual property appreciation at 5% supports $92,527 by year five. Five-year ROI tracks 136.55% and total cumulative return in cash totals $151,597. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,596/mo property income relative to a $1,639/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46349, Lake Village, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,518 (100%) |
| Owner Occupied HU | 1,220 (80.4%) |
| Renter Occupied HU | 157 (10.3%) |
| Vacant Housing Units | 141 ( 9.3%) |
| Median Home Value | $205,941 |
| Average Home Value | $222,834 |
Housing Distribution
Address Breakdown
Residential
1,269
Single Family
1,269
Multi-Family
0
Businesses
68
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Listed by: Daniel Walstra • Countryside Realty
Mls Name: NIRA
Mls ID: #830382