123 Earle StCraneIN47522
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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 Crane at 123 Earle St, Crane, IN, 47522 offers a 7.3% rental yield on a $189,900 purchase with $1,156/mo rent. Total monthly income registers $1,156/mo, and a $929/mo payment leaves $17/mo available for distribution. Annual cash flow reaches $198/yr on $62,952 to close, and return on cash invested stands at 20.22% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 104.32% and total cumulative return in cash at $65,669. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,156/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47522, Crane, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 141 (100%) |
| Owner Occupied HU | 100 (70.9%) |
| Renter Occupied HU | 20 (14.2%) |
| Vacant Housing Units | 21 (14.9%) |
| Median Home Value | $233,333 |
| Average Home Value | $296,400 |
Housing Distribution
Address Breakdown
Residential
25
Single Family
25
Multi-Family
0
Businesses
28
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Listed by: Bethany Kempf • Century 21 Classic Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509794
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.