14 Belmont Pl WBatesvilleIN47006
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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 Batesville at 14 Belmont Pl W, Batesville, IN, 47006 uses $111,053 cash to close to unlock $4,413/yr annual cash flow and $368/mo monthly cash flow. Total monthly income runs $2,379/mo, and a $1,640/mo payment keeps the spread at $368/mo. Purchase price stands at $335,000, and rental yield measures 8.52% with $2,379/mo rent. Return on cash invested shows 23.88% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 123.91% and total cumulative return in cash records $137,600. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,379/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47006, Batesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 3,772 (71.4%) |
| Renter Occupied HU | 1,261 (23.9%) |
| Vacant Housing Units | 250 ( 4.7%) |
| Median Home Value | $269,014 |
| Average Home Value | $294,852 |
Housing Distribution
Address Breakdown
Residential
5,121
Single Family
4,800
Multi-Family
321
Businesses
445
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Listed by: Robert Koester • Tudor Square Realty, Inc.
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22059053