1545 Main StFerdinandIN47532
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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 Ferdinand at 1545 Main St, Ferdinand, IN, 47532 uses $34,343 cash to close to unlock $7,643/yr annual cash flow and $637/mo monthly cash flow. Total monthly income runs $1,366/mo, and a $507/mo payment keeps the spread at $637/mo. Purchase price stands at $103,600, and rental yield measures 15.82% with $1,366/mo rent. Return on cash invested shows 42.16% in year one, and 5% annual appreciation builds toward $28,623 over five years. Five-year ROI reaches 223.33% and total cumulative return in cash records $76,698. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,366/mo property income covering a $507/mo payment rather than investor’s personal income.
Single Family
Built in 1900
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47532, Ferdinand, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,914 (100%) |
| Owner Occupied HU | 1,507 (78.7%) |
| Renter Occupied HU | 300 (15.7%) |
| Vacant Housing Units | 107 ( 5.6%) |
| Median Home Value | $278,564 |
| Average Home Value | $306,931 |
Housing Distribution
Address Breakdown
Residential
1,882
Single Family
1,882
Multi-Family
0
Businesses
164
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