105 S Cobb StPine VillageIN47975
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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 Pine Village at 105 S Cobb St, Pine Village, IN, 47975 priced at $192,500 pairs $1,516/mo rent with $361/mo cash flow after a $942/mo payment. Total monthly income equals $1,516/mo, and annual cash flow comes to $4,328/yr on $63,814 invested. Return on cash invested is 26.69% in year one, and rental yield stands at 9.45% on a $192,500 basis. Equity gained on principal adds $1,242/yr, and 5% annual appreciation accumulates to $53,184 by year five. Five-year ROI measures 138.99% and total cumulative return in cash reaches $88,697. For financing, Ziffy Mortgage’s DSCR program evaluates $1,516/mo property income against a $942/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47975, Pine Village, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 334 (100%) |
| Owner Occupied HU | 251 (75.1%) |
| Renter Occupied HU | 37 (11.1%) |
| Vacant Housing Units | 46 (13.8%) |
| Median Home Value | $236,029 |
| Average Home Value | $257,908 |
Housing Distribution
Address Breakdown
Residential
209
Single Family
209
Multi-Family
0
Businesses
13
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Listed by: Emily Cary • Keller Williams Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202526830
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.