1144 W 3rd St, Rushville, IN, 46173 | 5.12% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rushville at 1144 W 3rd St, Rushville, IN, 46173 offers a 5.12% rental yield on a $279,900 purchase with $1,194/mo rent. 62% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 68.88% and total cumulative return in cash at $63,913. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,194/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

3.33 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46173, Rushville, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,722 (100%)
Owner Occupied HU	2,930 (62.0%)
Renter Occupied HU	1,336 (28.3%)
Vacant Housing Units	456 ( 9.7%)
Median Home Value	$171,163
Average Home Value	$232,025