1559 Scenic Hill RdLoogooteeIN47553
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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 Loogootee at 1559 Scenic Hill Rd, Loogootee, IN, 47553 earns $307/mo cash flow from $1,294/mo rent with a $805/mo payment. Total monthly income totals $1,294/mo, and annual cash flow totals $3,680/yr on $54,532 capital. ROI tracks 26.66% on current figures, and rental yield reads 9.44% at a $164,500 purchase. Equity gained on principal adds $1,061/yr, and 5% annual appreciation supports $45,448 over five years. Five-year ROI reaches 138.81% and total cumulative return in cash sums $75,694. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,294/mo property income instead of your personal income.
Single Family
Built in 1943
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47553, Loogootee, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,625 (100%) |
| Owner Occupied HU | 2,637 (72.7%) |
| Renter Occupied HU | 680 (18.8%) |
| Vacant Housing Units | 308 ( 8.5%) |
| Median Home Value | $232,260 |
| Average Home Value | $253,015 |
Housing Distribution
Address Breakdown
Residential
3,405
Single Family
3,352
Multi-Family
53
Businesses
209
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