112 W Pike 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
Investment property for sale in Vevay at 112 W Pike St, Vevay, IN, 47043 with 5% annual appreciation on a $149,900 basis while $955/mo rent supports operations. Total monthly income totals $955/mo and a $734/mo payment preserves $55/mo for cash returns. Annual cash flow comes to $658/yr on $49,692 deployed, and return on cash invested reaches 21.23% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 7.65%. Five-year ROI measures 109.71% and total cumulative return in cash totals $54,515.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $955/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1849
1,742 sqft 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
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