1975 E Spencer DrRockvilleIN47872
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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 Rockville at 1975 E Spencer Dr, Rockville, IN, 47872 generates $637/mo in rent, after a $891/mo payment. Total monthly income is $637/mo. Return on cash invested sits at 10.85% in year one, and rental yield is 4.2% on a $182,000 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation builds toward $50,283 over five years. Five-year ROI reaches 54.03% and total cumulative return in cash sums $32,601. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $637/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47872, Rockville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,786 (100%) |
| Owner Occupied HU | 2,231 (58.9%) |
| Renter Occupied HU | 701 (18.5%) |
| Vacant Housing Units | 854 (22.6%) |
| Median Home Value | $163,141 |
| Average Home Value | $234,938 |
Housing Distribution
Address Breakdown
Residential
3,342
Single Family
3,211
Multi-Family
131
Businesses
313
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