110 W 2nd StBurnettsvilleIN47926
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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 Burnettsville at 110 W 2nd St, Burnettsville, IN, 47926 uses $34,808 cash to close to unlock $2,167/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $811/mo, and a $514/mo payment keeps the spread at $181/mo. Purchase price stands at $105,000, and rental yield measures 9.27% with $811/mo rent. Return on cash invested shows 26.14% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 136.04% and total cumulative return in cash records $47,354. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $811/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1941
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47926, Burnettsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 424 (100%) |
| Owner Occupied HU | 327 (77.1%) |
| Renter Occupied HU | 65 (15.3%) |
| Vacant Housing Units | 32 ( 7.5%) |
| Median Home Value | $154,107 |
| Average Home Value | $175,543 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
22
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Listed by: Rachael Conn • Martino Realty & Auctioneers - Monticello
Mls Name: IRMLS
Mls ID: #202541049