121 S John StBunker HillIN46914
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Bunker Hill at 121 S John St, Bunker Hill, IN, 46914 offers $1,327/mo rent that, after a $1,370/mo payment. Total monthly income is $1,327/mo. Return on cash invested measures 15.34% in year one, and rental yield stands at 5.69% at a $279,900 entry. Equity gained on principal adds $1,806/yr while 5% annual appreciation compounds into $77,331 by year five. Five-year ROI records 78.1% and total cumulative return in cash reaches $72,469. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,327/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
3.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46914, Bunker Hill, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 877 (100%) |
| Owner Occupied HU | 633 (72.2%) |
| Renter Occupied HU | 157 (17.9%) |
| Vacant Housing Units | 87 ( 9.9%) |
| Median Home Value | $172,832 |
| Average Home Value | $274,510 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trisha Bailey • Patton Hall Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202441581
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.