1531 W James DrCrawfordsvilleIN47933
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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 Crawfordsville at 1531 W James Dr, Crawfordsville, IN, 47933 uses $92,787 cash to close to unlock $5,013/yr annual cash flow and $418/mo monthly cash flow. Total monthly income runs $2,098/mo, and a $1,370/mo payment keeps the spread at $418/mo. Purchase price stands at $279,900, and rental yield measures 8.99% with $2,098/mo rent. Return on cash invested shows 25.31% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 131.57% and total cumulative return in cash records $122,077. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,098/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47933, Crawfordsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,504 (100%) |
| Owner Occupied HU | 8,390 (67.1%) |
| Renter Occupied HU | 3,256 (26.0%) |
| Vacant Housing Units | 858 ( 6.9%) |
| Median Home Value | $205,895 |
| Average Home Value | $235,208 |
Housing Distribution
Address Breakdown
Residential
11,876
Single Family
11,241
Multi-Family
635
Businesses
1,018
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Listed by: Kasey Ferguson • Wolfpack Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22055042