1276 Concord RdGosportIN47433
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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 Gosport at 1276 Concord Rd, Gosport, IN, 47433 listed at $626,700 pairs $1,664/mo rent with a $3,067/mo payment. Total monthly income runs $1,664/mo. Return on cash invested measures 7.85% in year one, and rental yield registers 3.19% at a $626,700 basis. Equity gained on principal adds $4,044/yr, and annual property appreciation at 5% supports $173,146 by year five. Five-year ROI tracks 37.91% and total cumulative return in cash totals $78,174. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,664/mo property income relative to a $3,067/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47433, Gosport, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,688 (100%) |
| Owner Occupied HU | 1,205 (71.4%) |
| Renter Occupied HU | 311 (18.4%) |
| Vacant Housing Units | 172 (10.2%) |
| Median Home Value | $213,865 |
| Average Home Value | $251,954 |
Housing Distribution
Address Breakdown
Residential
1,475
Single Family
1,475
Multi-Family
0
Businesses
49
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Listed by: Carrie Parrish • Carpenter, REALTORS-Bloomington
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439266
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.