192 Abby LnBatesvilleIN47006
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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 Batesville at 192 Abby Ln, Batesville, IN, 47006 priced at $369,900 converts $1,980/mo rent into after a $1,810/mo obligation. Total monthly income equals $1,980/mo. Return on cash invested prints 17.56% in year one, and rental yield reads 6.42% against a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,197 by year five. Five-year ROI reaches 90.03% and total cumulative return in cash sums $110,398. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,980/mo property income covering a $1,810/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47006, Batesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 3,772 (71.4%) |
| Renter Occupied HU | 1,261 (23.9%) |
| Vacant Housing Units | 250 ( 4.7%) |
| Median Home Value | $269,014 |
| Average Home Value | $294,852 |
Housing Distribution
Address Breakdown
Residential
5,121
Single Family
4,800
Multi-Family
321
Businesses
445
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Listed by: Rebecca Allen • F.C. Tucker/Sirkus-Allen
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22082387