203 E Main StVan BurenIN46991
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 Van Buren at 203 E Main St, Van Buren, IN, 46991 offers $2,812/mo rent that, after a $783/mo payment, leaves $1,840/mo cash flow. Total monthly income is $2,812/mo, and annual cash flow is $22,084/yr on $53,007 cash. Return on cash invested measures 61.57% in year one, and rental yield stands at 21.1% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 326.17% and total cumulative return in cash reaches $172,890. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,812/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46991, Van Buren, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 664 (100%) |
| Owner Occupied HU | 477 (71.8%) |
| Renter Occupied HU | 110 (16.6%) |
| Vacant Housing Units | 77 (11.6%) |
| Median Home Value | $175,893 |
| Average Home Value | $265,231 |
Housing Distribution
Address Breakdown
Residential
398
Single Family
398
Multi-Family
0
Businesses
32
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Listed by: Tyler Dohner • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202503290
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.