120 Lind DrEdinburghIN46124
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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 Edinburgh at 120 Lind Dr, Edinburgh, IN, 46124 with 5% annual appreciation on a $199,000 basis while $1,473/mo rent supports operations. Total monthly income totals $1,473/mo and a $974/mo payment preserves $278/mo for cash returns. Annual cash flow comes to $3,341/yr on $65,969 deployed, and return on cash invested reaches 24.97% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 8.88%. Five-year ROI measures 129.8% and total cumulative return in cash totals $85,626.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,473/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46124, Edinburgh, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,510 (100%) |
| Owner Occupied HU | 2,403 (68.5%) |
| Renter Occupied HU | 880 (25.1%) |
| Vacant Housing Units | 227 ( 6.5%) |
| Median Home Value | $189,610 |
| Average Home Value | $271,478 |
Housing Distribution
Address Breakdown
Residential
3,131
Single Family
2,950
Multi-Family
181
Businesses
334
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