201 Poplar StElizabethtownIN47232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Elizabethtown at 201 Poplar St, Elizabethtown, IN, 47232 priced at $225,000 pairs $1,548/mo rent with $198/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,548/mo, and annual cash flow comes to $2,371/yr on $74,588 invested. Return on cash invested is 23.09% in year one, and rental yield stands at 8.26% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 119.65% and total cumulative return in cash reaches $89,241. For financing, Ziffy Mortgage’s DSCR program evaluates $1,548/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1889
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47232, Elizabethtown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,026 (100%) |
| Owner Occupied HU | 872 (85.0%) |
| Renter Occupied HU | 97 ( 9.5%) |
| Vacant Housing Units | 57 ( 5.6%) |
| Median Home Value | $262,245 |
| Average Home Value | $280,249 |
Housing Distribution
Address Breakdown
Residential
847
Single Family
847
Multi-Family
0
Businesses
22
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Listed by: Drew Wyant • 1 Percent Lists Indiana Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22070183