200 S East StSpringportIN47386
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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
Investment property for sale in Springport at 200 S East St, Springport, IN, 47386 at $174,900 posts ROI -1.82% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -1.82% and rental yield reads 0% at the current $174,900. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47386, Springport, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 450 (85.4%) |
| Renter Occupied HU | 39 ( 7.4%) |
| Vacant Housing Units | 38 ( 7.2%) |
| Median Home Value | $220,455 |
| Average Home Value | $306,517 |
Housing Distribution
Address Breakdown
Residential
441
Single Family
441
Multi-Family
0
Businesses
9
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jamie Richardson • Realty Wealth Advisors
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22074167