1405 N Harrison StAlexandriaIN46001
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
Investment property for sale in Alexandria at 1405 N Harrison St, Alexandria, IN, 46001 earns $230/mo cash flow from $1,124/mo rent with a $729/mo payment. Total monthly income totals $1,124/mo, and annual cash flow totals $2,758/yr on $49,394 capital. ROI tracks 25.49% on current figures, and rental yield reads 9.05% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 132.54% and total cumulative return in cash sums $65,464. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,124/mo property income instead of your personal income.
Single Family
Built in 1945
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46001, Alexandria, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,069 (100%) |
| Owner Occupied HU | 3,388 (66.8%) |
| Renter Occupied HU | 1,108 (21.9%) |
| Vacant Housing Units | 573 (11.3%) |
| Median Home Value | $178,912 |
| Average Home Value | $205,941 |
Housing Distribution
Address Breakdown
Residential
4,471
Single Family
4,461
Multi-Family
10
Businesses
216
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dan Bragg • Berkshire Hathaway Home
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22050316