1204 N Perry St, Attica, IN, 47918 | $239/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1204 N Perry St, Attica, IN, 47918 | $239/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Attica at 1204 N Perry St, Attica, IN, 47918 priced at $150,000 converts $1,139/mo rent into $239/mo cash flow after a $734/mo obligation. Total monthly income equals $1,139/mo, and annual cash flow totals $2,865/yr on $49,725 invested. Return on cash invested prints 25.67% in year one, and rental yield reads 9.11% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 133.51% and total cumulative return in cash sums $66,390. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,139/mo property income covering a $734/mo payment, not borrower’s personal income.

Single Family

Built in 1915

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to small city living in Attica! This charming 2 bedroom, 1 bath bungalow has been completely remodeled and is truly move-in ready, perfect maintenance free starter home . Enjoy peace of mind with brand new updates throughout, including the roof, furnace, electrical, cabinets, paint, and stylish vinyl plank flooring. Modern comfort meets cozy charm in every corner of this beautifully refreshed home. Outside, youll find street parking as well as private parking behind the home and a handy storage shed. The yard currently features a partial wooden privacy fence, and for added convenience, the sellers are willing to fully enclose it at the buyers request and at no additional cost. As Attica continues to grow, now is the perfect time to make this thoughtfully updated bungalow your own! Call your favorite Realtor today to schedule your tour.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47918, Attica, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,831 (100%)
Owner Occupied HU	1,954 (69.0%)
Renter Occupied HU	565 (20.0%)
Vacant Housing Units	312 (11.0%)
Median Home Value	$168,497
Average Home Value	$208,433