990 Sunchaser Rd #IVPKQTLebanonIN46052
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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
Rental property for sale in Lebanon at 990 Sunchaser Rd #IVPKQT, Lebanon, IN, 46052 offers $3,482/mo rent that, after a $1,876/mo payment, leaves $1,181/mo cash flow. Total monthly income is $3,482/mo, and annual cash flow is $14,175/yr on $127,031 cash. Return on cash invested measures 31.07% in year one, and rental yield stands at 10.9% at a $383,200 entry. Equity gained on principal adds $2,473/yr while 5% annual appreciation compounds into $105,871 by year five. Five-year ROI records 162.47% and total cumulative return in cash reaches $206,385. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,482/mo property income versus a $1,876/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46052, Lebanon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,620 (100%) |
| Owner Occupied HU | 7,092 (66.8%) |
| Renter Occupied HU | 2,845 (26.8%) |
| Vacant Housing Units | 683 ( 6.4%) |
| Median Home Value | $249,031 |
| Average Home Value | $321,785 |
Housing Distribution
Address Breakdown
Residential
10,065
Single Family
9,322
Multi-Family
743
Businesses
800
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