1135 Pinewood DriveLanesvilleIN47136
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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 Lanesville at 1135 Pinewood Drive, Lanesville, IN, 47136 listed at $299,999 pairs $2,131/mo rent with a $1,468/mo payment to leave $331/mo cash flow. Total monthly income runs $2,131/mo, and annual cash flow reaches $3,966/yr on $99,450 cash to close. Return on cash invested measures 23.9% in year one, and rental yield registers 8.52% at a $299,999 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 124.01% and total cumulative return in cash totals $123,324. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,131/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47136, Lanesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,034 (100%) |
| Owner Occupied HU | 1,721 (84.6%) |
| Renter Occupied HU | 227 (11.2%) |
| Vacant Housing Units | 86 ( 4.2%) |
| Median Home Value | $304,545 |
| Average Home Value | $341,761 |
Housing Distribution
Address Breakdown
Residential
1,889
Single Family
1,889
Multi-Family
0
Businesses
69
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Listed by: Barbara Shaw • RE/MAX Advantage
Mls Name: SIRA
Mls ID: #2025011636