14755 N 600th Rd EElnoraIN47529
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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 Elnora at 14755 N 600th Rd E, Elnora, IN, 47529 offers a 0% rental yield on a $119,900 purchase with $0/mo rent. 83% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1919
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47529, Elnora, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 441 (100%) |
| Owner Occupied HU | 277 (62.8%) |
| Renter Occupied HU | 107 (24.3%) |
| Vacant Housing Units | 57 (12.9%) |
| Median Home Value | $199,167 |
| Average Home Value | $263,060 |
Housing Distribution
Address Breakdown
Residential
291
Single Family
291
Multi-Family
0
Businesses
27
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No similar rental properties found nearby.
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Listed by: Merle Callahan • Vic Hopkins Agency
Mls Name: IRMLS
Mls Provider:
Mls ID: #202428686
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.