Irvington Plan, Beyers Estates : Beyers Estates VentureFortvilleIN46040
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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
Rental property for sale in Fortville at Irvington Plan, Beyers Estates: Beyers Estates Venture, Fortville, IN, 46040 priced at $414,995 converts $2,795/mo rent into $304/mo cash flow after a $2,031/mo obligation. Total monthly income equals $2,795/mo, and annual cash flow totals $3,649/yr on $137,571 invested. Return on cash invested prints 22.56% in year one, and rental yield reads 8.08% against a $414,995 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,655 by year five. Five-year ROI reaches 116.85% and total cumulative return in cash sums $160,748. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,795/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 2025
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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