112 Beverly CtConnersvilleIN47331
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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 Connersville at 112 Beverly Ct, Connersville, IN, 47331 at $243,000 posts ROI 27.5% with $510/mo cash flow from $1,968/mo rent. Total monthly income equals $1,968/mo, and annual cash flow records $6,116/yr on $80,555 to close. Return on cash invested measures 27.5% and rental yield reads 9.72% at the current $243,000. Equity gained on principal adds $1,568/yr, and 5% annual appreciation supports $67,136 by year five. Five-year ROI prints 143.32% and total cumulative return in cash totals $115,448.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,968/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47331, Connersville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,782 (100%) |
| Owner Occupied HU | 6,646 (61.6%) |
| Renter Occupied HU | 3,033 (28.1%) |
| Vacant Housing Units | 1,103 (10.2%) |
| Median Home Value | $135,068 |
| Average Home Value | $179,715 |
Housing Distribution
Address Breakdown
Residential
9,963
Single Family
9,542
Multi-Family
421
Businesses
701
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Listed by: Corben Price • NextHome Elite Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521674
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.