Chatham Plan, Sierra RidgeRoanokeIN46783
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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 Roanoke at Chatham Plan, Sierra Ridge, Roanoke, IN, 46783 with 5% annual appreciation on a $293,900 basis while $390/mo rent supports operations. 99% in year one. Equity gained on principal adds $1,896/yr, and five-year appreciation sums $81,199 alongside rental yield of 1.59%. Five-year ROI measures 11.9% and total cumulative return in cash totals $11,597. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $390/mo property income versus a $1,438/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46783, Roanoke, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,612 (84.2%) |
| Renter Occupied HU | 312 (10.1%) |
| Vacant Housing Units | 179 ( 5.8%) |
| Median Home Value | $312,289 |
| Average Home Value | $349,443 |
Housing Distribution
Address Breakdown
Residential
2,841
Single Family
2,806
Multi-Family
35
Businesses
220
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