202 E Pearl StTrafalgarIN46181
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 Trafalgar at 202 E Pearl St, Trafalgar, IN, 46181 priced at $155,000 converts $1,396/mo rent into $465/mo cash flow after a $759/mo obligation. Total monthly income equals $1,396/mo, and annual cash flow totals $5,583/yr on $51,383 invested. Return on cash invested prints 30.77% in year one, and rental yield reads 10.81% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 160.94% and total cumulative return in cash sums $82,696. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,396/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 1928
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46181, Trafalgar, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,202 (100%) |
| Owner Occupied HU | 1,824 (82.8%) |
| Renter Occupied HU | 233 (10.6%) |
| Vacant Housing Units | 145 ( 6.6%) |
| Median Home Value | $370,229 |
| Average Home Value | $392,205 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
2,189
Multi-Family
0
Businesses
124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices