1119 E Main Cross StEdinburghIN46124
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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 Edinburgh at 1119 E Main Cross St, Edinburgh, IN, 46124 listed at $406,000 pairs $2,460/mo rent with a $1,987/mo payment to leave $23/mo cash flow. Total monthly income runs $2,460/mo, and annual cash flow reaches $276/yr on $134,589 cash to close. Return on cash invested measures 20.11% in year one, and rental yield registers 7.27% at a $406,000 basis. Equity gained on principal adds $2,620/yr, and annual property appreciation at 5% supports $112,170 by year five. Five-year ROI tracks 103.72% and total cumulative return in cash totals $139,600. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,460/mo property income relative to a $1,987/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46124, Edinburgh, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,510 (100%) |
| Owner Occupied HU | 2,403 (68.5%) |
| Renter Occupied HU | 880 (25.1%) |
| Vacant Housing Units | 227 ( 6.5%) |
| Median Home Value | $189,610 |
| Average Home Value | $271,478 |
Housing Distribution
Address Breakdown
Residential
3,131
Single Family
2,950
Multi-Family
181
Businesses
334
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Listed by: Priscilla Hetrick • LEGACY LAND AND HOMES OF INDIANA
Mls Name: THAAR
Mls Provider:
Mls ID: #106165
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Terre Haute Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2025-04-29 07:33:17 PDT