15014 Flamingo Dr #80/79BrookvilleIN47012
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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 Brookville at 15014 Flamingo Dr #80/79, Brookville, IN, 47012 uses $45,714 cash to close to unlock $1,946/yr annual cash flow and $162/mo monthly cash flow. Total monthly income runs $990/mo, and a $675/mo payment keeps the spread at $162/mo. Purchase price stands at $137,900, and rental yield measures 8.61% with $990/mo rent. Return on cash invested shows 24.17% in year one, and 5% annual appreciation builds toward $38,099 over five years. Five-year ROI reaches 125.55% and total cumulative return in cash records $57,395. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $990/mo property income covering a $675/mo payment rather than investor’s personal income.
Single Family
Built in 1966
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47012, Brookville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,598 (100%) |
| Owner Occupied HU | 3,236 (70.4%) |
| Renter Occupied HU | 882 (19.2%) |
| Vacant Housing Units | 480 (10.4%) |
| Median Home Value | $239,889 |
| Average Home Value | $302,078 |
Housing Distribution
Address Breakdown
Residential
4,204
Single Family
4,075
Multi-Family
129
Businesses
317
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Listed by: Christine Rains • S & W Real Estate
Mls Name: My State MLS
Mls ID: #11578372