121 S Pearl StEtna GreenIN46524
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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
Rental property for sale in Etna Green at 121 S Pearl St, Etna Green, IN, 46524 offers $1,005/mo rent that, after a $612/mo payment, leaves $254/mo cash flow. Total monthly income is $1,005/mo, and annual cash flow is $3,054/yr on $41,438 cash. Return on cash invested measures 27.28% in year one, and rental yield stands at 9.65% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 142.17% and total cumulative return in cash reaches $58,913. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,005/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46524, Etna Green, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 685 (100%) |
| Owner Occupied HU | 547 (79.9%) |
| Renter Occupied HU | 84 (12.3%) |
| Vacant Housing Units | 54 ( 7.9%) |
| Median Home Value | $270,095 |
| Average Home Value | $308,263 |
Housing Distribution
Address Breakdown
Residential
669
Single Family
669
Multi-Family
0
Businesses
29
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Listed by: Joshua Brooks • Keller Williams Thrive South
Mls Name: IRMLS
Mls ID: #202536717