Simplicity 2517 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
Investment property for sale in Camby at Simplicity 2517 Plan, Oberlin, Camby, IN, 46113 uses $120,998 cash to close to unlock $9,762/yr annual cash flow and $813/mo monthly cash flow. Total monthly income runs $3,004/mo, and a $1,786/mo payment keeps the spread at $813/mo. Purchase price stands at $365,000, and rental yield measures 9.88% with $3,004/mo rent. Return on cash invested shows 27.98% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 145.87% and total cumulative return in cash records $176,503. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,004/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 2026
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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