111 N Anderson StSandbornIN47578
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sandborn at 111 N Anderson St, Sandborn, IN, 47578 priced at $259,000 pairs $1,774/mo rent with $219/mo cash flow after a $1,268/mo payment. Total monthly income equals $1,774/mo, and annual cash flow comes to $2,627/yr on $85,859 invested. Return on cash invested is 22.97% in year one, and rental yield stands at 8.22% on a $259,000 basis. Equity gained on principal adds $1,671/yr, and 5% annual appreciation accumulates to $71,557 by year five. Five-year ROI measures 119% and total cumulative return in cash reaches $102,172. For financing, Ziffy Mortgage’s DSCR program evaluates $1,774/mo property income against a $1,268/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1912
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47578, Sandborn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 320 (100%) |
| Owner Occupied HU | 222 (69.4%) |
| Renter Occupied HU | 45 (14.1%) |
| Vacant Housing Units | 53 (16.6%) |
| Median Home Value | $173,810 |
| Average Home Value | $174,133 |
Housing Distribution
Address Breakdown
Residential
194
Single Family
194
Multi-Family
0
Businesses
10
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