12535 Steele RdMoores HillIN47032
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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 Moores Hill at 12535 Steele Rd, Moores Hill, IN, 47032 generates $954/mo in rent and, after a $611/mo payment, leaves $205/mo in cash flow. Total monthly income is $954/mo, and annual cash flow is $2,455/yr on $41,404 invested. Return on cash invested sits at 25.84% in year one, and rental yield is 9.17% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 134.44% and total cumulative return in cash sums $55,666. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $954/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47032, Moores Hill, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,358 (100%) |
| Owner Occupied HU | 1,122 (82.6%) |
| Renter Occupied HU | 144 (10.6%) |
| Vacant Housing Units | 92 ( 6.8%) |
| Median Home Value | $249,010 |
| Average Home Value | $298,648 |
Housing Distribution
Address Breakdown
Residential
1,244
Single Family
1,244
Multi-Family
0
Businesses
26
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Listed by: Sandra Baker • Lohmiller Real Estate
Mls Name: SEIBR
Mls ID: #205975