Mitchell Dr #R4X3RIRochesterIN46975
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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 Rochester at Mitchell Dr #R4X3RI, Rochester, IN, 46975 earns $624/mo cash flow from $2,716/mo rent with a $1,706/mo payment. Total monthly income totals $2,716/mo, and annual cash flow totals $7,485/yr on $115,528 capital. ROI tracks 26.39% on current figures, and rental yield reads 9.35% at a $348,500 purchase. Equity gained on principal adds $2,249/yr, and 5% annual appreciation supports $96,284 over five years. Five-year ROI reaches 137.34% and total cumulative return in cash sums $158,663. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,716/mo property income instead of your personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46975, Rochester, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,778 (100%) |
| Owner Occupied HU | 4,464 (65.9%) |
| Renter Occupied HU | 1,433 (21.1%) |
| Vacant Housing Units | 881 (13.0%) |
| Median Home Value | $209,010 |
| Average Home Value | $245,757 |
Housing Distribution
Address Breakdown
Residential
6,117
Single Family
6,067
Multi-Family
50
Businesses
519
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