1151 E 650 SMarklevilleIN46056
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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 Markleville at 1151 E 650 S, Markleville, IN, 46056 listed at $409,900 pairs $1,320/mo rent with a $2,006/mo payment. Total monthly income runs $1,320/mo. Return on cash invested measures 9.84% in year one, and rental yield registers 3.86% at a $409,900 basis. Equity gained on principal adds $2,645/yr, and annual property appreciation at 5% supports $113,248 by year five. Five-year ROI tracks 48.6% and total cumulative return in cash totals $66,040. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,320/mo property income relative to a $2,006/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46056, Markleville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,001 (100%) |
| Owner Occupied HU | 831 (83.0%) |
| Renter Occupied HU | 97 ( 9.7%) |
| Vacant Housing Units | 73 ( 7.3%) |
| Median Home Value | $266,589 |
| Average Home Value | $310,259 |
Housing Distribution
Address Breakdown
Residential
876
Single Family
876
Multi-Family
0
Businesses
34
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Nearby investment properties with comparable prices
Listed by: Stacy Kanitz • Keller Williams Indy Metro NE
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22057123