10322 Gum StCynthianaIN47612
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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 Cynthiana at 10322 Gum St, Cynthiana, IN, 47612 uses $62,819 cash to close to unlock $2,040/yr annual cash flow and $170/mo monthly cash flow. Total monthly income runs $1,308/mo, and a $928/mo payment keeps the spread at $170/mo. Purchase price stands at $189,500, and rental yield measures 8.28% with $1,308/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 120% and total cumulative return in cash records $75,383. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,308/mo property income covering a $928/mo payment rather than investor’s personal income.
Single Family
Built in 1951
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47612, Cynthiana, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 391 (100%) |
| Owner Occupied HU | 292 (74.7%) |
| Renter Occupied HU | 61 (15.6%) |
| Vacant Housing Units | 38 ( 9.7%) |
| Median Home Value | $197,500 |
| Average Home Value | $192,928 |
Housing Distribution
Address Breakdown
Residential
236
Single Family
236
Multi-Family
0
Businesses
12
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