1067 E 1100 SBrookstonIN47923
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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 Brookston at 1067 E 1100 S, Brookston, IN, 47923 uses $149,142 cash to close to unlock $352/yr annual cash flow and $29/mo monthly cash flow. Total monthly income runs $2,730/mo, and a $2,202/mo payment keeps the spread at $29/mo. Purchase price stands at $449,900, and rental yield measures 7.28% with $2,730/mo rent. Return on cash invested shows 20.15% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 103.88% and total cumulative return in cash records $154,930. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,730/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.85 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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Listed by: James C Tonnsen • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516496
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.