Allison Hill Plan, Ashlar Pointe, Woodburn, IN, 46797 | 2.14% Rental Yield

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Allison Hill Plan, Ashlar Pointe, Woodburn, IN, 46797 | 2.14% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Woodburn at Allison Hill Plan, Ashlar Pointe, Woodburn, IN, 46797 priced at $635,000 converts $1,132/mo rent into after a $3,108/mo obligation. Total monthly income equals $1,132/mo. Return on cash invested prints 4.67% in year one, and rental yield reads 2.14% against a $635,000 entry. Equity gained on principal adds $4,098/yr, while 5% annual appreciation compiles into $175,439 by year five. Five-year ROI reaches 20.85% and total cumulative return in cash sums $43,556. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,132/mo property income covering a $3,108/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Granite Ridge Builders presents the Allison Hill floor plan with 2745 sq ft of living space. This 2 story home features craftsman-style exterior details, including brackets and a large covered front porch. Enter the Allison Hill through a craftsman-style covered front porch which leads into the home's grand foyer. Located off the foyer includes a den or flex room and dining room. The kitchen features custom cabinets with an island and breakfast bar overlooking the great room with a grand fireplace. The nook features bay windows and a window seat. The garage entry hall includes optional locker space, a walk-in pantry, laundry room with cabinets and utility sink, a half bath, and a walk-in linen closet. The primary bedroom suite and 3 bedrooms are located on the second level. The primary bedroom suite features a fireplace, coffee bar, and spa-like primary suite with a shower, garden tub, walk-in closet, and dual-sink vanity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46797, Woodburn, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,519 (100%)
Owner Occupied HU	1,218 (80.2%)
Renter Occupied HU	222 (14.6%)
Vacant Housing Units	79 ( 5.2%)
Median Home Value	$276,336
Average Home Value	$325,562