1816 W County Road 1000 SWestportIN47283
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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 Westport at 1816 W County Road 1000 S, Westport, IN, 47283 listed at $194,900 pairs $1,546/mo rent with a $954/mo payment to leave $376/mo cash flow. Total monthly income runs $1,546/mo, and annual cash flow reaches $4,512/yr on $64,609 cash to close. Return on cash invested measures 26.89% in year one, and rental yield registers 9.52% at a $194,900 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,847 by year five. Five-year ROI tracks 140.03% and total cumulative return in cash totals $90,471. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,546/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47283, Westport, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,492 (100%) |
| Owner Occupied HU | 1,106 (74.1%) |
| Renter Occupied HU | 242 (16.2%) |
| Vacant Housing Units | 144 ( 9.7%) |
| Median Home Value | $234,951 |
| Average Home Value | $273,732 |
Housing Distribution
Address Breakdown
Residential
1,265
Single Family
1,265
Multi-Family
0
Businesses
60
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