202/204 E Whitley St #2ChurubuscoIN46723
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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 Churubusco at 202/204 E Whitley St #2, Churubusco, IN, 46723 earns $539/mo cash flow from $1,619/mo rent with a $881/mo payment. Total monthly income totals $1,619/mo, and annual cash flow totals $6,463/yr on $59,637 capital. ROI tracks 30.75% on current figures, and rental yield reads 10.8% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 160.75% and total cumulative return in cash sums $95,865. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,619/mo property income instead of your personal income.
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46723, Churubusco, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,135 (100%) |
| Owner Occupied HU | 2,548 (81.3%) |
| Renter Occupied HU | 439 (14.0%) |
| Vacant Housing Units | 148 ( 4.7%) |
| Median Home Value | $232,273 |
| Average Home Value | $280,319 |
Housing Distribution
Address Breakdown
Residential
3,063
Single Family
3,063
Multi-Family
0
Businesses
156
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Listed by: Rachel L Bergman • Coldwell Banker Real Estate Gr
Mls Name: IRMLS
Mls ID: #202602821