11251 S Strawtown PikeBunker HillIN46914
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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 Bunker Hill at 11251 S Strawtown Pike, Bunker Hill, IN, 46914 listed at $340,000 pairs $0/mo rent with a $1,664/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.82% in year one, and rental yield registers 0% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
8.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46914, Bunker Hill, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 877 (100%) |
| Owner Occupied HU | 633 (72.2%) |
| Renter Occupied HU | 157 (17.9%) |
| Vacant Housing Units | 87 ( 9.9%) |
| Median Home Value | $172,832 |
| Average Home Value | $274,510 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
39
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No similar rental properties found nearby.
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Listed by: Cyndi Reneau • Moving Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516986
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.