11775 E State Road 7ElizabethtownIN47232
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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
Total monthly income runs $1,811/mo, and a $2,104/mo payment. Purchase price stands at $429,900, and rental yield measures 5.06% with $1,811/mo rent. Return on cash invested shows 13.43% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 67.86% and total cumulative return in cash records $96,703. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,811/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 1968
1.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47232, Elizabethtown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,026 (100%) |
| Owner Occupied HU | 872 (85.0%) |
| Renter Occupied HU | 97 ( 9.5%) |
| Vacant Housing Units | 57 ( 5.6%) |
| Median Home Value | $262,245 |
| Average Home Value | $280,249 |
Housing Distribution
Address Breakdown
Residential
847
Single Family
847
Multi-Family
0
Businesses
22
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Listed by: Karen Dugan • CENTURY 21 Scheetz
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22068638