129 Market StRoyal CenterIN46978
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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 Royal Center at 129 Market St, Royal Center, IN, 46978 offers a 9.58% rental yield on a $159,900 purchase with $1,277/mo rent. Total monthly income registers $1,277/mo, and a $783/mo payment leaves $317/mo available for distribution. Annual cash flow reaches $3,801/yr on $53,007 to close, and return on cash invested stands at 27.08% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 141.07% and total cumulative return in cash at $74,778. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,277/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46978, Royal Center, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 899 (100%) |
| Owner Occupied HU | 694 (77.2%) |
| Renter Occupied HU | 128 (14.2%) |
| Vacant Housing Units | 77 ( 8.6%) |
| Median Home Value | $170,000 |
| Average Home Value | $179,362 |
Housing Distribution
Address Breakdown
Residential
556
Single Family
556
Multi-Family
0
Businesses
40
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Listed by: Jeffrey W Bossung • VOGEL REAL ESTATE
Mls Name: IRMLS
Mls ID: #202540254