156 Grimes Valley DrWest HarrisonIN47060
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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 West Harrison at 156 Grimes Valley Dr, West Harrison, IN, 47060 with 5% annual appreciation on a $470,200 basis while $2,671/mo rent supports operations. 75% in year one. Equity gained on principal adds $3,034/yr, and five-year appreciation sums $129,908 alongside rental yield of 6.82%. Five-year ROI measures 96.34% and total cumulative return in cash totals $150,168. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,671/mo property income versus a $2,301/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47060, West Harrison, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,947 (100%) |
| Owner Occupied HU | 2,442 (82.9%) |
| Renter Occupied HU | 375 (12.7%) |
| Vacant Housing Units | 130 ( 4.4%) |
| Median Home Value | $316,798 |
| Average Home Value | $332,482 |
Housing Distribution
Address Breakdown
Residential
2,955
Single Family
2,897
Multi-Family
58
Businesses
113
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Listed by: N/A • N/A
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Mls ID: #N/A