1762 W 900th Rd SBrookstonIN47923
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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
Rental property for sale in Brookston at 1762 W 900th Rd S, Brookston, IN, 47923 generates $1,295/mo in rent and, after a $783/mo payment, leaves $335/mo in cash flow. Total monthly income is $1,295/mo, and annual cash flow is $4,016/yr on $53,040 invested. Return on cash invested sits at 27.48% in year one, and rental yield is 9.71% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 143.22% and total cumulative return in cash sums $75,962. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,295/mo property income rather than buyer’s personal income.
Manufactured
Built in 1992
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47923, Brookston, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,603 (100%) |
| Owner Occupied HU | 1,204 (75.1%) |
| Renter Occupied HU | 249 (15.5%) |
| Vacant Housing Units | 150 ( 9.4%) |
| Median Home Value | $215,726 |
| Average Home Value | $239,797 |
Housing Distribution
Address Breakdown
Residential
1,449
Single Family
1,449
Multi-Family
0
Businesses
72
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Listed by: Triva Woodley • VOGEL REAL ESTATE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202416104
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.