0 W King Rd LOT 16EnglishIN47118
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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 English at 0 W King Rd LOT 16, English, IN, 47118 offers a 9.23% rental yield on a $114,000 purchase with $877/mo rent. Total monthly income registers $877/mo, and a $558/mo payment leaves $193/mo available for distribution. Annual cash flow reaches $2,312/yr on $37,791 to close, and return on cash invested stands at 26.03% in year one. Equity gained on principal adds $736/yr while 5% annual appreciation supports $31,496 over five years. Portfolio math shows five-year ROI at 135.42% and total cumulative return in cash at $51,175. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $877/mo property income against a $558/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
1.17 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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Listed by: William R Daily • Midwest Land & Lifestyle LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433511
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.