109 Elm StVevayIN47043
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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 Vevay at 109 Elm St, Vevay, IN, 47043 priced at $262,400 converts $0/mo rent into after a $1,284/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.82% in year one, and rental yield reads 0% against a $262,400 entry. Equity gained on principal adds $1,693/yr, while 5% annual appreciation compiles into $72,496 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,284/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47043, Vevay, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,458 (100%) |
| Owner Occupied HU | 1,489 (60.6%) |
| Renter Occupied HU | 640 (26.0%) |
| Vacant Housing Units | 329 (13.4%) |
| Median Home Value | $227,024 |
| Average Home Value | $260,406 |
Housing Distribution
Address Breakdown
Residential
2,316
Single Family
2,218
Multi-Family
98
Businesses
163
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices