11646 N 300 WBurnettsvilleIN47926
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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 Burnettsville at 11646 N 300 W, Burnettsville, IN, 47926 listed at $260,000 pairs $2,063/mo rent with a $1,273/mo payment to leave $502/mo cash flow. Total monthly income runs $2,063/mo, and annual cash flow reaches $6,022/yr on $86,190 cash to close. Return on cash invested measures 26.9% in year one, and rental yield registers 9.52% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 140.06% and total cumulative return in cash totals $120,713. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,063/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2001
6.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47926, Burnettsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 424 (100%) |
| Owner Occupied HU | 327 (77.1%) |
| Renter Occupied HU | 65 (15.3%) |
| Vacant Housing Units | 32 ( 7.5%) |
| Median Home Value | $154,107 |
| Average Home Value | $175,543 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
22
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Listed by: Garrett Criswell • Redlow Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437643
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.