12511 Pierce RdHagerstownIN47346
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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 Hagerstown at 12511 Pierce Rd, Hagerstown, IN, 47346 earns from $1,486/mo rent with a $2,374/mo payment. Total monthly income totals $1,486/mo. ROI tracks 9.27% on current figures, and rental yield reads 3.68% at a $485,000 purchase. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 over five years. Five-year ROI reaches 45.55% and total cumulative return in cash sums $73,238. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,486/mo property income instead of your personal income.
Single Family
Built in 2000
3.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47346, Hagerstown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,634 (100%) |
| Owner Occupied HU | 1,247 (76.3%) |
| Renter Occupied HU | 282 (17.3%) |
| Vacant Housing Units | 105 ( 6.4%) |
| Median Home Value | $229,688 |
| Average Home Value | $242,149 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,549
Multi-Family
27
Businesses
110
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Listed by: Debbie Rudd • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls Provider:
Mls ID: #10051367
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.