Lancia's Springfield I Plan, Bear CreekAuburnIN46706
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 Auburn at Lancia's Springfield I Plan, Bear Creek, Auburn, IN, 46706 at $242,300 posts ROI 22.02% with $141/mo cash flow from $1,631/mo rent. Total monthly income equals $1,631/mo, and annual cash flow records $1,697/yr on $80,322 to close. Return on cash invested measures 22.02% and rental yield reads 8.08% at the current $242,300. Equity gained on principal adds $1,564/yr, and 5% annual appreciation supports $66,943 by year five. Five-year ROI prints 114.15% and total cumulative return in cash totals $91,684.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,631/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A lot
$N/A/sqft
$35 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46706, Auburn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,864 (100%) |
| Owner Occupied HU | 6,655 (75.1%) |
| Renter Occupied HU | 1,687 (19.0%) |
| Vacant Housing Units | 522 ( 5.9%) |
| Median Home Value | $227,490 |
| Average Home Value | $279,454 |
Housing Distribution
Address Breakdown
Residential
8,621
Single Family
8,480
Multi-Family
141
Businesses
818
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices