1171 E County Line RdUnderwoodIN47177
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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 Underwood at 1171 E County Line Rd, Underwood, IN, 47177 uses $147,418 cash to close to unlock $4,238/yr annual cash flow and $353/mo monthly cash flow. Total monthly income runs $3,023/mo, and a $2,177/mo payment keeps the spread at $353/mo. Purchase price stands at $444,700, and rental yield measures 8.16% with $3,023/mo rent. Return on cash invested shows 22.78% in year one, and 5% annual appreciation builds toward $122,862 over five years. Five-year ROI reaches 118.04% and total cumulative return in cash records $174,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,023/mo property income covering a $2,177/mo payment rather than investor’s personal income.
Single Family
Built in 2015
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47177, Underwood, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 606 (100%) |
| Owner Occupied HU | 491 (81.0%) |
| Renter Occupied HU | 68 (11.2%) |
| Vacant Housing Units | 47 ( 7.8%) |
| Median Home Value | $259,052 |
| Average Home Value | $293,513 |
Housing Distribution
Address Breakdown
Residential
591
Single Family
591
Multi-Family
0
Businesses
15
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