0 W Eckert RdEnglishIN47118
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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 English at 0 W Eckert Rd, English, IN, 47118 with 5% annual appreciation on a $110,000 basis while $876/mo rent supports operations. Total monthly income totals $876/mo and a $538/mo payment preserves $216/mo for cash returns. Annual cash flow comes to $2,593/yr on $36,465 deployed, and return on cash invested reaches 27.02% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 9.56%. Five-year ROI measures 140.85% and total cumulative return in cash totals $51,360.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $876/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
3.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47118, English, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,777 (100%) |
| Owner Occupied HU | 1,171 (65.9%) |
| Renter Occupied HU | 278 (15.6%) |
| Vacant Housing Units | 328 (18.5%) |
| Median Home Value | $155,271 |
| Average Home Value | $190,722 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
1,484
Multi-Family
0
Businesses
100
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