9924 W State Road 26RossvilleIN46065
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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 Rossville at 9924 W State Road 26, Rossville, IN, 46065 uses $149,175 cash to close to unlock $1,047/yr annual cash flow and $87/mo monthly cash flow. Total monthly income runs $2,789/mo, and a $2,203/mo payment keeps the spread at $87/mo. Purchase price stands at $450,000, and rental yield measures 7.44% with $2,789/mo rent. Return on cash invested shows 20.61% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 106.38% and total cumulative return in cash records $158,694. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,789/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 2005
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46065, Rossville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,437 (100%) |
| Owner Occupied HU | 1,126 (78.4%) |
| Renter Occupied HU | 234 (16.3%) |
| Vacant Housing Units | 77 ( 5.4%) |
| Median Home Value | $238,670 |
| Average Home Value | $288,730 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,091
Multi-Family
16
Businesses
76
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