1722 Morgan RdWest HarrisonIN47060
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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 West Harrison at 1722 Morgan Rd, West Harrison, IN, 47060 earns from $2,568/mo rent with a $2,300/mo payment. Total monthly income totals $2,568/mo. ROI tracks 17.96% on current figures, and rental yield reads 6.56% at a $469,900 purchase. Equity gained on principal adds $3,032/yr, and 5% annual appreciation supports $129,825 over five years. Five-year ROI reaches 92.17% and total cumulative return in cash sums $143,582. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,568/mo property income instead of your personal income.
Single Family
Built in 1991
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47060, West Harrison, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,947 (100%) |
| Owner Occupied HU | 2,442 (82.9%) |
| Renter Occupied HU | 375 (12.7%) |
| Vacant Housing Units | 130 ( 4.4%) |
| Median Home Value | $316,798 |
| Average Home Value | $332,482 |
Housing Distribution
Address Breakdown
Residential
2,955
Single Family
2,897
Multi-Family
58
Businesses
113
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Listed by: Todd Bischoff • Bischoff Realty
Mls Name: SEIBR
Mls ID: #206669