1186 N Thompson RoadMadisonIN47250
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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 Madison at 1186 N Thompson Road, Madison, IN, 47250 at $229,900 posts ROI 34.11% with $902/mo cash flow from $2,282/mo rent. Total monthly income equals $2,282/mo, and annual cash flow records $10,826/yr on $76,212 to close. Return on cash invested measures 34.11% and rental yield reads 11.91% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 178.84% and total cumulative return in cash totals $136,295.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,282/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
3.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47250, Madison, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,256 (100%) |
| Owner Occupied HU | 6,609 (64.4%) |
| Renter Occupied HU | 2,671 (26.0%) |
| Vacant Housing Units | 976 ( 9.5%) |
| Median Home Value | $232,661 |
| Average Home Value | $249,506 |
Housing Distribution
Address Breakdown
Residential
9,501
Single Family
9,288
Multi-Family
213
Businesses
902
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Listed by: Nancy Sobeck • F.C. Tucker/Scott Lynch Group
Mls Name: SIRA
Mls Provider:
Mls ID: #2024010027
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.