Deerfield Dr #IHHDG2ElkhartIN46514
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Elkhart at Deerfield Dr #IHHDG2, Elkhart, IN, 46514 at $366,200 posts ROI 29.66% with $986/mo cash flow from $3,184/mo rent. Total monthly income equals $3,184/mo, and annual cash flow records $11,834/yr on $121,395 to close. Return on cash invested measures 29.66% and rental yield reads 10.43% at the current $366,200. Equity gained on principal adds $2,363/yr, and 5% annual appreciation supports $101,174 by year five. Five-year ROI prints 154.9% and total cumulative return in cash totals $188,040.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,184/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46514, Elkhart, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,284 (100%) |
| Owner Occupied HU | 11,774 (64.4%) |
| Renter Occupied HU | 5,434 (29.7%) |
| Vacant Housing Units | 1,076 ( 5.9%) |
| Median Home Value | $219,702 |
| Average Home Value | $252,263 |
Housing Distribution
Address Breakdown
Residential
17,694
Single Family
16,264
Multi-Family
1,430
Businesses
1,341
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices