1238 Mulberry StTaylorsvilleIN47280
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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 Taylorsville at 1238 Mulberry St, Taylorsville, IN, 47280 generates $1,349/mo in rent and, after a $1,096/mo payment, leaves $5/mo in cash flow. Total monthly income is $1,349/mo, and annual cash flow is $57/yr on $74,256 invested. Return on cash invested sits at 19.99% in year one, and rental yield is 7.23% on a $224,000 entry. Equity gained on principal adds $1,445/yr, while 5% annual appreciation builds toward $61,887 over five years. Five-year ROI reaches 103.02% and total cumulative return in cash sums $76,495. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,349/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47280, Taylorsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 248 (100%) |
| Owner Occupied HU | 173 (69.8%) |
| Renter Occupied HU | 58 (23.4%) |
| Vacant Housing Units | 17 ( 6.9%) |
| Median Home Value | $191,964 |
| Average Home Value | $321,604 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
38
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Listed by: Darla Hubble • Trusted Realty Partners of Ind
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22076049