1230 S County Road 330 EFrankfortIN46041
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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 Frankfort at 1230 S County Road 330 E, Frankfort, IN, 46041 offers a 10.48% rental yield on a $325,000 purchase with $2,837/mo rent. Total monthly income registers $2,837/mo, and a $1,591/mo payment leaves $886/mo available for distribution. Annual cash flow reaches $10,629/yr on $107,738 to close, and return on cash invested stands at 29.78% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 155.5% and total cumulative return in cash at $167,533. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,837/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46041, Frankfort, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,792 (100%) |
| Owner Occupied HU | 6,307 (64.4%) |
| Renter Occupied HU | 2,766 (28.2%) |
| Vacant Housing Units | 719 ( 7.3%) |
| Median Home Value | $177,745 |
| Average Home Value | $249,421 |
Housing Distribution
Address Breakdown
Residential
9,312
Single Family
8,983
Multi-Family
329
Businesses
701
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Listed by: Elizabeth Hobbs • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437960
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.