1345 S County Road 625 EMilanIN47031
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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 Milan at 1345 S County Road 625 E, Milan, IN, 47031 generates $808/mo in rent and, after a $514/mo payment, leaves $178/mo in cash flow. Total monthly income is $808/mo, and annual cash flow is $2,131/yr on $34,808 invested. Return on cash invested sits at 26.03% in year one, and rental yield is 9.23% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 135.49% and total cumulative return in cash sums $47,162. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $808/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47031, Milan, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,060 (100%) |
| Owner Occupied HU | 1,566 (76.0%) |
| Renter Occupied HU | 341 (16.6%) |
| Vacant Housing Units | 153 ( 7.4%) |
| Median Home Value | $240,502 |
| Average Home Value | $322,182 |
Housing Distribution
Address Breakdown
Residential
1,831
Single Family
1,746
Multi-Family
85
Businesses
100
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