1740 S County Road 600 EButlervilleIN47223
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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 Butlerville at 1740 S County Road 600 E, Butlerville, IN, 47223 offers a 0% rental yield on a $204,900 purchase with $0/mo rent. 82% in year one. Equity gained on principal adds $1,322/yr while 5% annual appreciation supports $56,610 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47223, Butlerville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 671 (100%) |
| Owner Occupied HU | 482 (71.8%) |
| Renter Occupied HU | 88 (13.1%) |
| Vacant Housing Units | 101 (15.1%) |
| Median Home Value | $195,690 |
| Average Home Value | $257,464 |
Housing Distribution
Address Breakdown
Residential
560
Single Family
560
Multi-Family
0
Businesses
19
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Listed by: Penny Merry • F.C. Tucker Real Estate Experts
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22070537