1986 N County Road 590 Rd W, West Baden Springs, IN, 47469 | 3.57% Rental Yield

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

Rental property for sale in West Baden Springs at 1986 N County Road 590 Rd W, West Baden Springs, IN, 47469 generates $1,560/mo in rent, after a $2,570/mo payment. Total monthly income is $1,560/mo. Return on cash invested sits at 9% in year one, and rental yield is 3.57% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 44.09% and total cumulative return in cash sums $76,161. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.

Single Family

Built in 1950

5 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained and spacious 3-bedroom, 3.5-bath home, where each bedroom features its own private full bathroom plus a convenient guest half bath! Nestled on 5 picturesque acres, this home offers a peaceful setting with a covered front porch, a back patio, and a charming sunroom/sitting area perfect for sipping your morning coffee or enjoying a good book. Youll love the open and airy feel, durable metal roof, and low-maintenance exterior with attractive hardy board siding. The home also includes a large attached 2-car garage and plenty of room to roam. Located in an ideal spot halfway between Paoli and French Lick/West Baden youll be just minutes from French Lick Casino, Paoli Peaks Ski Resort, shopping (like Walmart), and other local attractions. Bonus Opportunity: An additional 80 acres directly across the street is also available for purchase! Homes like this rarely come on the market dont miss your chance to own this fabulous and unique property!