184 Keith StScottsburgIN47170
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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 Scottsburg at 184 Keith St, Scottsburg, IN, 47170 priced at $159,900 converts $1,200/mo rent into $240/mo cash flow after a $783/mo obligation. Total monthly income equals $1,200/mo, and annual cash flow totals $2,877/yr on $53,007 invested. Return on cash invested prints 25.34% in year one, and rental yield reads 9.01% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 131.7% and total cumulative return in cash sums $69,810. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,200/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1947
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47170, Scottsburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,833 (100%) |
| Owner Occupied HU | 4,256 (62.3%) |
| Renter Occupied HU | 1,960 (28.7%) |
| Vacant Housing Units | 617 ( 9.0%) |
| Median Home Value | $185,872 |
| Average Home Value | $216,799 |
Housing Distribution
Address Breakdown
Residential
6,473
Single Family
6,313
Multi-Family
160
Businesses
537
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Listed by: Jack C May • May Team REALTORS
Mls Name: GLARMLS
Mls ID: #1707930