11729 Miller RdSunmanIN47041
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Nearby investment properties with comparable prices
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 Sunman at 11729 Miller Rd, Sunman, IN, 47041 offers a 9.98% rental yield on a $258,000 purchase with $2,146/mo rent. Total monthly income registers $2,146/mo, and a $1,263/mo payment leaves $597/mo available for distribution. Annual cash flow reaches $7,165/yr on $85,527 to close, and return on cash invested stands at 28.29% in year one. Equity gained on principal adds $1,665/yr while 5% annual appreciation supports $71,281 over five years. Portfolio math shows five-year ROI at 147.58% and total cumulative return in cash at $126,218. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,146/mo property income against a $1,263/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47041, Sunman, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,387 (100%) |
| Owner Occupied HU | 1,926 (80.7%) |
| Renter Occupied HU | 315 (13.2%) |
| Vacant Housing Units | 146 ( 6.1%) |
| Median Home Value | $280,480 |
| Average Home Value | $307,567 |
Housing Distribution
Address Breakdown
Residential
2,219
Single Family
2,191
Multi-Family
28
Businesses
95
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