101 N Smith StBatesvilleIN47006
Nearby investment properties with comparable rents
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 Batesville at 101 N Smith St, Batesville, IN, 47006 offers a 10.17% rental yield on a $178,500 purchase with $1,513/mo rent. Total monthly income registers $1,513/mo, and a $874/mo payment leaves $441/mo available for distribution. Annual cash flow reaches $5,294/yr on $59,173 to close, and return on cash invested stands at 28.86% in year one. Equity gained on principal adds $1,152/yr while 5% annual appreciation supports $49,316 over five years. Portfolio math shows five-year ROI at 150.64% and total cumulative return in cash at $89,138. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,513/mo property income against a $874/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47006, Batesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 3,772 (71.4%) |
| Renter Occupied HU | 1,261 (23.9%) |
| Vacant Housing Units | 250 ( 4.7%) |
| Median Home Value | $269,014 |
| Average Home Value | $294,852 |
Housing Distribution
Address Breakdown
Residential
5,121
Single Family
4,800
Multi-Family
321
Businesses
445
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Listed by: Jacob Nuhring • Base Camp Country Real Estate
Mls Name: My State MLS
Mls ID: #11606242