11299 W State Route 68ElberfeldIN47613
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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 Elberfeld at 11299 W State Route 68, Elberfeld, IN, 47613 listed at $185,000 pairs $0/mo rent with a $905/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.81% in year one, and rental yield registers 0% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1992
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47613, Elberfeld, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,085 (100%) |
| Owner Occupied HU | 910 (83.9%) |
| Renter Occupied HU | 112 (10.3%) |
| Vacant Housing Units | 63 ( 5.8%) |
| Median Home Value | $314,000 |
| Average Home Value | $320,706 |
Housing Distribution
Address Breakdown
Residential
1,057
Single Family
1,057
Multi-Family
0
Businesses
59
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