13180 Cold Springs RdMoores HillIN47032
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
Rental property for sale in Moores Hill at 13180 Cold Springs Rd, Moores Hill, IN, 47032 generates $2,396/mo in rent and, after a $1,831/mo payment, leaves $150/mo in cash flow. Total monthly income is $2,396/mo, and annual cash flow is $1,806/yr on $123,981 invested. Return on cash invested sits at 21.37% in year one, and rental yield is 7.69% on a $374,000 entry. Equity gained on principal adds $2,413/yr, while 5% annual appreciation builds toward $103,329 over five years. Five-year ROI reaches 110.42% and total cumulative return in cash sums $136,897. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,396/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47032, Moores Hill, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,358 (100%) |
| Owner Occupied HU | 1,122 (82.6%) |
| Renter Occupied HU | 144 (10.6%) |
| Vacant Housing Units | 92 ( 6.8%) |
| Median Home Value | $249,010 |
| Average Home Value | $298,648 |
Housing Distribution
Address Breakdown
Residential
1,244
Single Family
1,244
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Baker • Re/Max Preferred Choice
Mls Name: SEIBR
Mls ID: #203653
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.