12773 N 350 WBurnettsvilleIN47926
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Burnettsville at 12773 N 350 W, Burnettsville, IN, 47926 offers a 5.45% rental yield on a $379,900 purchase with $1,726/mo rent. 63% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 74.28% and total cumulative return in cash at $93,545. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,726/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
2.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47926, Burnettsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 424 (100%) |
| Owner Occupied HU | 327 (77.1%) |
| Renter Occupied HU | 65 (15.3%) |
| Vacant Housing Units | 32 ( 7.5%) |
| Median Home Value | $154,107 |
| Average Home Value | $175,543 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
22
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Listed by: Cody Miller • Raeco Realty
Mls Name: IRMLS
Mls ID: #202528202