1291 S State Road 75BringhurstIN46913
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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 Bringhurst at 1291 S State Road 75, Bringhurst, IN, 46913 generates $2,260/mo in rent and, after a $1,674/mo payment, leaves $207/mo in cash flow. Total monthly income is $2,260/mo, and annual cash flow is $2,483/yr on $113,373 invested. Return on cash invested sits at 22.1% in year one, and rental yield is 7.93% on a $342,000 entry. Equity gained on principal adds $2,207/yr, while 5% annual appreciation builds toward $94,488 over five years. Five-year ROI reaches 114.33% and total cumulative return in cash sums $129,622. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,260/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46913, Bringhurst, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 560 (100%) |
| Owner Occupied HU | 466 (83.2%) |
| Renter Occupied HU | 48 ( 8.6%) |
| Vacant Housing Units | 46 ( 8.2%) |
| Median Home Value | $212,037 |
| Average Home Value | $290,542 |
Housing Distribution
Address Breakdown
Residential
552
Single Family
552
Multi-Family
0
Businesses
9
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Listed by: Brande Seibert • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls ID: #202537561