190 N 1150 EIdavilleIN47950
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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 Idaville at 190 N 1150 E, Idaville, IN, 47950 offers a 11.4% rental yield on a $234,900 purchase with $2,231/mo rent. Total monthly income registers $2,231/mo, and a $1,150/mo payment leaves $821/mo available for distribution. Annual cash flow reaches $9,848/yr on $77,869 to close, and return on cash invested stands at 32.56% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 170.44% and total cumulative return in cash at $132,717. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,231/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47950, Idaville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 344 (100%) |
| Owner Occupied HU | 243 (70.6%) |
| Renter Occupied HU | 59 (17.2%) |
| Vacant Housing Units | 42 (12.2%) |
| Median Home Value | $200,862 |
| Average Home Value | $229,763 |
Housing Distribution
Address Breakdown
Residential
281
Single Family
281
Multi-Family
0
Businesses
6
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