136 W Meek DrBunker HillIN46914
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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
Investment property for sale in Bunker Hill at 136 W Meek Dr, Bunker Hill, IN, 46914 offers a 8.51% rental yield on a $199,900 purchase with $1,418/mo rent. Total monthly income registers $1,418/mo, and a $978/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,621/yr on $66,267 to close, and return on cash invested stands at 23.86% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 123.85% and total cumulative return in cash at $82,069. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,418/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46914, Bunker Hill, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 877 (100%) |
| Owner Occupied HU | 633 (72.2%) |
| Renter Occupied HU | 157 (17.9%) |
| Vacant Housing Units | 87 ( 9.9%) |
| Median Home Value | $172,832 |
| Average Home Value | $274,510 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
39
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Listed by: Deonna Holland • Holland Realty Group, LLC
Mls Name: IRMLS
Mls ID: #202547944