135 W Lane DrHagerstownIN47346
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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 Hagerstown at 135 W Lane Dr, Hagerstown, IN, 47346 listed at $207,600 pairs $1,681/mo rent with a $1,016/mo payment to leave $435/mo cash flow. Total monthly income runs $1,681/mo, and annual cash flow reaches $5,219/yr on $68,819 cash to close. Return on cash invested measures 27.49% in year one, and rental yield registers 9.72% at a $207,600 basis. Equity gained on principal adds $1,340/yr, and annual property appreciation at 5% supports $57,356 by year five. Five-year ROI tracks 143.27% and total cumulative return in cash totals $98,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,681/mo property income relative to a $1,016/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47346, Hagerstown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,634 (100%) |
| Owner Occupied HU | 1,247 (76.3%) |
| Renter Occupied HU | 282 (17.3%) |
| Vacant Housing Units | 105 ( 6.4%) |
| Median Home Value | $229,688 |
| Average Home Value | $242,149 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,549
Multi-Family
27
Businesses
110
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