1722 E Vandalia RdFlat RockIN47234
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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 Flat Rock at 1722 E Vandalia Rd, Flat Rock, IN, 47234 earns $840/mo cash flow from $1,663/mo rent with a $671/mo payment. Total monthly income totals $1,663/mo, and annual cash flow totals $10,080/yr on $45,449 capital. ROI tracks 42.09% on current figures, and rental yield reads 14.56% at a $137,100 purchase. Equity gained on principal adds $885/yr, and 5% annual appreciation supports $37,878 over five years. Five-year ROI reaches 221.63% and total cumulative return in cash sums $100,728. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,663/mo property income instead of your personal income.
Home Type Unknown
Built in 1954
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47234, Flat Rock, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 588 (100%) |
| Owner Occupied HU | 462 (78.6%) |
| Renter Occupied HU | 72 (12.2%) |
| Vacant Housing Units | 54 ( 9.2%) |
| Median Home Value | $238,182 |
| Average Home Value | $281,775 |
Housing Distribution
Address Breakdown
Residential
534
Single Family
534
Multi-Family
0
Businesses
21
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