Simplicity 2364 Plan, OberlinCambyIN46113
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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 Camby at Simplicity 2364 Plan, Oberlin, Camby, IN, 46113 generates $2,786/mo in rent and, after a $1,728/mo payment, leaves $667/mo in cash flow. Total monthly income is $2,786/mo, and annual cash flow is $8,001/yr on $117,020 invested. Return on cash invested sits at 26.75% in year one, and rental yield is 9.47% on a $353,000 entry. Equity gained on principal adds $2,278/yr, while 5% annual appreciation builds toward $97,527 over five years. Five-year ROI reaches 139.27% and total cumulative return in cash sums $162,968. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,786/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46113, Camby, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,533 (100%) |
| Owner Occupied HU | 4,806 (73.6%) |
| Renter Occupied HU | 1,432 (21.9%) |
| Vacant Housing Units | 295 ( 4.5%) |
| Median Home Value | $248,855 |
| Average Home Value | $281,857 |
Housing Distribution
Address Breakdown
Residential
6,564
Single Family
5,882
Multi-Family
682
Businesses
206
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