1681 S Clark RdMarkleIN46770
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
Rental property for sale in Markle at 1681 S Clark Rd, Markle, IN, 46770 offers $1,585/mo rent that, after a $710/mo payment, leaves $714/mo cash flow. Total monthly income is $1,585/mo, and annual cash flow is $8,571/yr on $48,068 cash. Return on cash invested measures 37.74% in year one, and rental yield stands at 13.12% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 198.29% and total cumulative return in cash reaches $95,312. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,585/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46770, Markle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 862 (81.1%) |
| Renter Occupied HU | 154 (14.5%) |
| Vacant Housing Units | 47 ( 4.4%) |
| Median Home Value | $245,548 |
| Average Home Value | $351,682 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
907
Multi-Family
8
Businesses
78
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Nearby investment properties with comparable prices
Listed by: Caleb Ellington • Keller Williams Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202316539
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.