1202 Esplano DrMadisonIN47250
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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 1202 Esplano Dr, Madison, IN, 47250 listed at $206,900 pairs $1,490/mo rent with a $1,013/mo payment to leave $220/mo cash flow. Total monthly income runs $1,490/mo, and annual cash flow reaches $2,643/yr on $68,587 cash to close. Return on cash invested measures 23.76% in year one, and rental yield registers 8.64% at a $206,900 basis. Equity gained on principal adds $1,335/yr, and annual property appreciation at 5% supports $57,163 by year five. Five-year ROI tracks 123.49% and total cumulative return in cash totals $84,698. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,490/mo property income relative to a $1,013/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.30 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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