16905 N County Road 450 EEatonIN47338
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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 Eaton at 16905 N County Road 450 E, Eaton, IN, 47338 earns from $600/mo rent with a $1,454/mo payment. Total monthly income totals $600/mo. ROI tracks 5.49% on current figures, and rental yield reads 2.42% at a $297,000 purchase. Equity gained on principal adds $1,916/yr, and 5% annual appreciation supports $82,056 over five years. Five-year ROI reaches 25.27% and total cumulative return in cash sums $24,882. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $600/mo property income instead of your personal income.
Single Family
Built in 1940
8.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47338, Eaton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,199 (100%) |
| Owner Occupied HU | 864 (72.1%) |
| Renter Occupied HU | 179 (14.9%) |
| Vacant Housing Units | 156 (13.0%) |
| Median Home Value | $153,500 |
| Average Home Value | $187,891 |
Housing Distribution
Address Breakdown
Residential
904
Single Family
904
Multi-Family
0
Businesses
49
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