1069 W Railroad StFountaintownIN46130
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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 Fountaintown at 1069 W Railroad St, Fountaintown, IN, 46130 earns $330/mo cash flow from $1,440/mo rent with a $905/mo payment. Total monthly income totals $1,440/mo, and annual cash flow totals $3,961/yr on $61,294 capital. ROI tracks 26.37% on current figures, and rental yield reads 9.35% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 137.33% and total cumulative return in cash sums $84,175. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Single Family
Built in 1950
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46130, Fountaintown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 982 (100%) |
| Owner Occupied HU | 822 (83.7%) |
| Renter Occupied HU | 132 (13.4%) |
| Vacant Housing Units | 28 ( 2.9%) |
| Median Home Value | $282,246 |
| Average Home Value | $313,887 |
Housing Distribution
Address Breakdown
Residential
952
Single Family
952
Multi-Family
0
Businesses
25
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Listed by: Michelle Collings • RE/MAX Realty Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22066543