1915 Northview Dr, Ferdinand, IN, 47532 | $43/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1915 Northview Dr, Ferdinand, IN, 47532 | $43/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ferdinand at 1915 Northview Dr, Ferdinand, IN, 47532 earns $43/mo cash flow from $1,836/mo rent with a $1,462/mo payment. Total monthly income totals $1,836/mo, and annual cash flow totals $515/yr on $99,019 capital. ROI tracks 20.43% on current figures, and rental yield reads 7.38% at a $298,700 purchase. Equity gained on principal adds $1,927/yr, and 5% annual appreciation supports $82,525 over five years. Five-year ROI reaches 105.39% and total cumulative return in cash sums $104,352. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,836/mo property income instead of your personal income.

Single Family

Built in 1970

0.49 Acres lot

$N/A/sqft

No HOA

More details about the property

JUST LISTED in Ferdinand, this beautiful, quality brick ranch-style home, custom-built in 1970 and situated in the Renus Weyers Addition, located on two large lots that comprise 0.4907 acres. The house is just a walking distance to the Ferdinand Community Center, the Town of Ferdinand Park, and the Recreation Center, and you can enjoy the atmosphere of the traditional Ferdinand Library. This immaculate home features an open floor plan, with a generously sized living room, a dining room, and a kitchen boasting custom cabinets and a spacious breakfast bar. There are three large bedrooms and a full bathroom on the first floor. The basement features a family room large enough for a pool table, a spacious bathroom with a walk-in shower, and provides open interior, as well as outside access. Additional features of the property include a two-car attached carport with two storage closets, a floored utility shed, and a large concrete patio in the backyard. This home has been very well-maintained and features many updates. This house eagerly awaits you on your closing day, ready to embrace your dreams! 2 Parcels 19-15-28-201-120.000-008 & 19-15-28-202-105.000-008

Neighborhood Data

Neighborhood data shown for ZIP Code: 47532, Ferdinand, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,914 (100%)
Owner Occupied HU	1,507 (78.7%)
Renter Occupied HU	300 (15.7%)
Vacant Housing Units	107 ( 5.6%)
Median Home Value	$278,564
Average Home Value	$306,931