11905 Sandbrooke DrMillersburgIN46543
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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 Millersburg at 11905 Sandbrooke Dr, Millersburg, IN, 46543 offers a 7.52% rental yield on a $348,500 purchase with $2,183/mo rent. Total monthly income registers $2,183/mo, and a $1,706/mo payment leaves $91/mo available for distribution. Annual cash flow reaches $1,089/yr on $115,528 to close, and return on cash invested stands at 20.85% in year one. Equity gained on principal adds $2,249/yr while 5% annual appreciation supports $96,284 over five years. Portfolio math shows five-year ROI at 107.64% and total cumulative return in cash at $124,355. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,183/mo property income against a $1,706/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46543, Millersburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 1,038 (83.6%) |
| Renter Occupied HU | 152 (12.2%) |
| Vacant Housing Units | 52 ( 4.2%) |
| Median Home Value | $328,090 |
| Average Home Value | $426,869 |
Housing Distribution
Address Breakdown
Residential
964
Single Family
964
Multi-Family
0
Businesses
69
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Listed by: Steve Miller • RE/MAX Results
Mls Name: IRMLS
Mls ID: #202547667