10275 N County Road 600 EButlervilleIN47223
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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 Butlerville at 10275 N County Road 600 E, Butlerville, IN, 47223 uses $97,660 cash to close to unlock $7,170/yr annual cash flow and $598/mo monthly cash flow. Total monthly income runs $2,476/mo, and a $1,442/mo payment keeps the spread at $598/mo. Purchase price stands at $294,600, and rental yield measures 10.09% with $2,476/mo rent. Return on cash invested shows 27.25% in year one, and 5% annual appreciation builds toward $81,393 over five years. Five-year ROI reaches 142.47% and total cumulative return in cash records $139,136. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,476/mo property income covering a $1,442/mo payment rather than investor’s personal income.
Single Family
Built in 1992
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47223, Butlerville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 671 (100%) |
| Owner Occupied HU | 482 (71.8%) |
| Renter Occupied HU | 88 (13.1%) |
| Vacant Housing Units | 101 (15.1%) |
| Median Home Value | $195,690 |
| Average Home Value | $257,464 |
Housing Distribution
Address Breakdown
Residential
560
Single Family
560
Multi-Family
0
Businesses
19
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