1308 Beagle Club RoadUnderwoodIN47177
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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 Underwood at 1308 Beagle Club Road, Underwood, IN, 47177 offers a 11.65% rental yield on a $189,999 purchase with $1,844/mo rent. Total monthly income registers $1,844/mo, and a $930/mo payment leaves $703/mo available for distribution. Annual cash flow reaches $8,441/yr on $62,985 to close, and return on cash invested stands at 33.31% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,493 over five years. Portfolio math shows five-year ROI at 174.5% and total cumulative return in cash at $109,908. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,844/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
3.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47177, Underwood, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 606 (100%) |
| Owner Occupied HU | 491 (81.0%) |
| Renter Occupied HU | 68 (11.2%) |
| Vacant Housing Units | 47 ( 7.8%) |
| Median Home Value | $259,052 |
| Average Home Value | $293,513 |
Housing Distribution
Address Breakdown
Residential
591
Single Family
591
Multi-Family
0
Businesses
15
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Listed by: Julie Roll • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls Provider:
Mls ID: #2024011405
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.