119 W Mill StCulverIN46511
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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 Culver at 119 W Mill St, Culver, IN, 46511 at $239,000 posts ROI 22.64% with $180/mo cash flow from $1,615/mo rent. Total monthly income equals $1,615/mo, and annual cash flow records $2,161/yr on $79,229 to close. Return on cash invested measures 22.64% and rental yield reads 8.11% at the current $239,000. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 by year five. Five-year ROI prints 117.29% and total cumulative return in cash totals $92,928.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,615/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46511, Culver, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,586 (100%) |
| Owner Occupied HU | 1,377 (53.2%) |
| Renter Occupied HU | 351 (13.6%) |
| Vacant Housing Units | 858 (33.2%) |
| Median Home Value | $281,641 |
| Average Home Value | $400,922 |
Housing Distribution
Address Breakdown
Residential
2,267
Single Family
2,185
Multi-Family
82
Businesses
144
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