187 E 275 NReynoldsIN47980
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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 Reynolds at 187 E 275 N, Reynolds, IN, 47980 earns from $2,090/mo rent with a $1,713/mo payment. Total monthly income totals $2,090/mo. ROI tracks 19.8% on current figures, and rental yield reads 7.17% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 102.02% and total cumulative return in cash sums $118,338. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,090/mo property income instead of your personal income.
Single Family
Built in 1963
3.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47980, Reynolds, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 477 (100%) |
| Owner Occupied HU | 337 (70.6%) |
| Renter Occupied HU | 109 (22.9%) |
| Vacant Housing Units | 31 ( 6.5%) |
| Median Home Value | $209,270 |
| Average Home Value | $232,025 |
Housing Distribution
Address Breakdown
Residential
412
Single Family
412
Multi-Family
0
Businesses
58
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