10357 S Black Locust CtBrookstonIN47923
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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
Rental property for sale in Brookston at 10357 S Black Locust Ct, Brookston, IN, 47923 generates $3,275/mo in rent and, after a $2,149/mo payment, leaves $639/mo in cash flow. Total monthly income is $3,275/mo, and annual cash flow is $7,673/yr on $145,529 invested. Return on cash invested sits at 25.18% in year one, and rental yield is 8.95% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 130.88% and total cumulative return in cash sums $190,472. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,275/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47923, Brookston, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,603 (100%) |
| Owner Occupied HU | 1,204 (75.1%) |
| Renter Occupied HU | 249 (15.5%) |
| Vacant Housing Units | 150 ( 9.4%) |
| Median Home Value | $215,726 |
| Average Home Value | $239,797 |
Housing Distribution
Address Breakdown
Residential
1,449
Single Family
1,449
Multi-Family
0
Businesses
72
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