S Range Road & Cameron Rd #6IY7RDKingsford HeightsIN46346
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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 Kingsford Heights at S Range Road & Cameron Rd #6IY7RD, Kingsford Heights, IN, 46346 uses $87,781 cash to close to unlock $15,546/yr annual cash flow and $1,296/mo monthly cash flow. Total monthly income runs $2,885/mo, and a $1,296/mo payment keeps the spread at $1,296/mo. Purchase price stands at $264,800, and rental yield measures 13.07% with $2,885/mo rent. Return on cash invested shows 37.62% in year one, and 5% annual appreciation builds toward $73,159 over five years. Five-year ROI reaches 197.59% and total cumulative return in cash records $173,448. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,885/mo property income covering a $1,296/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46346, Kingsford Heights, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 522 (100%) |
| Owner Occupied HU | 319 (61.1%) |
| Renter Occupied HU | 145 (27.8%) |
| Vacant Housing Units | 58 (11.1%) |
| Median Home Value | $109,012 |
| Average Home Value | $156,042 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
17
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