Bonner Plan, GranthamFortvilleIN46040
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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 Fortville at Bonner Plan, Grantham, Fortville, IN, 46040 earns from $3,396/mo rent with a $2,976/mo payment. Total monthly income totals $3,396/mo. ROI tracks 18.54% on current figures, and rental yield reads 6.7% at a $607,990 purchase. Equity gained on principal adds $3,923/yr, and 5% annual appreciation supports $167,976 over five years. Five-year ROI reaches 95.22% and total cumulative return in cash sums $190,476. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,396/mo property income instead of your personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46040, Fortville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,759 (100%) |
| Owner Occupied HU | 5,701 (84.3%) |
| Renter Occupied HU | 808 (12.0%) |
| Vacant Housing Units | 250 ( 3.7%) |
| Median Home Value | $441,068 |
| Average Home Value | $493,644 |
Housing Distribution
Address Breakdown
Residential
6,553
Single Family
6,502
Multi-Family
51
Businesses
264
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