165 Burkwood Hills LnSpringvilleIN47462
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Springville at 165 Burkwood Hills Ln, Springville, IN, 47462 offers a 7% rental yield on a $259,900 purchase with $1,517/mo rent. 31% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 99.37% and total cumulative return in cash at $85,618. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,517/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47462, Springville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,864 (82.8%) |
| Renter Occupied HU | 230 (10.2%) |
| Vacant Housing Units | 156 ( 6.9%) |
| Median Home Value | $254,428 |
| Average Home Value | $300,248 |
Housing Distribution
Address Breakdown
Residential
2,018
Single Family
2,018
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Childers • Hawkins & Root Real Estate
Mls Name: IRMLS
Mls ID: #202536201