Irving Plan, Falcons Lair at BarringtonNew ParisIN46553
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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 Paris at Irving Plan, Falcons Lair at Barrington, New Paris, IN, 46553 with 5% annual appreciation on a $306,900 basis while $2,786/mo rent supports operations. Total monthly income totals $2,786/mo and a $1,502/mo payment preserves $944/mo for cash returns. Annual cash flow comes to $11,326/yr on $101,737 deployed, and return on cash invested reaches 31.04% in year one. Equity gained on principal adds $1,980/yr, and five-year appreciation sums $84,791 alongside rental yield of 10.89%. Five-year ROI measures 162.29% and total cumulative return in cash totals $165,114.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,786/mo property income versus a $1,502/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: 46553, New Paris, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,394 (100%) |
| Owner Occupied HU | 1,155 (82.9%) |
| Renter Occupied HU | 171 (12.3%) |
| Vacant Housing Units | 68 ( 4.9%) |
| Median Home Value | $254,924 |
| Average Home Value | $363,335 |
Housing Distribution
Address Breakdown
Residential
1,133
Single Family
1,133
Multi-Family
0
Businesses
129
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