998 Nicole WayNew WhitelandIN46184
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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 New Whiteland at 998 Nicole Way, New Whiteland, IN, 46184 earns $427/mo cash flow from $1,747/mo rent with a $1,076/mo payment. Total monthly income totals $1,747/mo, and annual cash flow totals $5,127/yr on $72,897 capital. ROI tracks 26.94% on current figures, and rental yield reads 9.53% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 140.36% and total cumulative return in cash sums $102,316. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,747/mo property income instead of your personal income.
Single Family
Built in 2002
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46184, Whiteland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 4,390 (84.6%) |
| Renter Occupied HU | 740 (14.3%) |
| Vacant Housing Units | 60 ( 1.2%) |
| Median Home Value | $261,290 |
| Average Home Value | $282,753 |
Housing Distribution
Address Breakdown
Residential
5,129
Single Family
5,129
Multi-Family
0
Businesses
293
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Listed by: Jake Stiles • Coldwell Banker Stiles
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22056570