16689 N State Road 156 RdRising SunIN47040
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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 Rising Sun at 16689 N State Road 156 Rd, Rising Sun, IN, 47040 earns $134/mo cash flow from $1,331/mo rent with a $976/mo payment. Total monthly income totals $1,331/mo, and annual cash flow totals $1,607/yr on $66,134 capital. ROI tracks 22.34% on current figures, and rental yield reads 8.01% at a $199,500 purchase. Equity gained on principal adds $1,287/yr, and 5% annual appreciation supports $55,118 over five years. Five-year ROI reaches 115.63% and total cumulative return in cash sums $76,471. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,331/mo property income instead of your personal income.
Single Family
Built in 1990
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47040, Rising Sun, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,432 (100%) |
| Owner Occupied HU | 1,598 (65.7%) |
| Renter Occupied HU | 576 (23.7%) |
| Vacant Housing Units | 258 (10.6%) |
| Median Home Value | $199,459 |
| Average Home Value | $255,566 |
Housing Distribution
Address Breakdown
Residential
2,305
Single Family
2,135
Multi-Family
170
Businesses
126
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Listed by: Donita K. Valentine • Rider Realty LLC
Mls Name: SEIBR
Mls ID: #205406