200 N Long StEatonIN47338
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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 Eaton at 200 N Long St, Eaton, IN, 47338 offers $1,149/mo rent that, after a $685/mo payment, leaves $309/mo cash flow. Total monthly income is $1,149/mo, and annual cash flow is $3,707/yr on $46,377 cash. Return on cash invested measures 27.9% in year one, and rental yield stands at 9.86% at a $139,900 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,652 by year five. Five-year ROI records 145.48% and total cumulative return in cash reaches $67,467. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,149/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47338, Eaton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,199 (100%) |
| Owner Occupied HU | 864 (72.1%) |
| Renter Occupied HU | 179 (14.9%) |
| Vacant Housing Units | 156 (13.0%) |
| Median Home Value | $153,500 |
| Average Home Value | $187,891 |
Housing Distribution
Address Breakdown
Residential
904
Single Family
904
Multi-Family
0
Businesses
49
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