10868 W Pavey Ridge RdHardinsburgIN47125
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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 Hardinsburg at 10868 W Pavey Ridge Rd, Hardinsburg, IN, 47125 generates $1,200/mo in rent, after a $3,051/mo payment. Total monthly income is $1,200/mo. Return on cash invested sits at 5.19% in year one, and rental yield is 2.31% on a $623,400 entry. Equity gained on principal adds $4,023/yr, while 5% annual appreciation builds toward $172,234 over five years. Five-year ROI reaches 23.63% and total cumulative return in cash sums $48,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
17.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47125, Hardinsburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 622 (77.5%) |
| Renter Occupied HU | 104 (13.0%) |
| Vacant Housing Units | 77 ( 9.6%) |
| Median Home Value | $160,662 |
| Average Home Value | $239,514 |
Housing Distribution
Address Breakdown
Residential
749
Single Family
749
Multi-Family
0
Businesses
23
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Nearby investment properties with comparable prices
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