141 N 3rd StParker CityIN47368
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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 Parker City at 141 N 3rd St, Parker City, IN, 47368 generates $870/mo in rent and, after a $538/mo payment, leaves $210/mo in cash flow. Total monthly income is $870/mo, and annual cash flow is $2,522/yr on $36,432 invested. Return on cash invested sits at 26.83% in year one, and rental yield is 9.5% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 139.83% and total cumulative return in cash sums $50,944. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $870/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47368, Parker City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,166 (100%) |
| Owner Occupied HU | 853 (73.2%) |
| Renter Occupied HU | 203 (17.4%) |
| Vacant Housing Units | 110 ( 9.4%) |
| Median Home Value | $157,992 |
| Average Home Value | $187,752 |
Housing Distribution
Address Breakdown
Residential
893
Single Family
893
Multi-Family
0
Businesses
48
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Listed by: Paul Faddis • Tarter Realty, Auction & Appraisals Co
Mls Name: RLMS
Mls Provider:
Mls ID: #10051373
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.