205 W Tanner StBrownstownIN47220
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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 Brownstown at 205 W Tanner St, Brownstown, IN, 47220 uses $51,349 cash to close to unlock $3,448/yr annual cash flow and $287/mo monthly cash flow. Total monthly income runs $1,217/mo, and a $758/mo payment keeps the spread at $287/mo. Purchase price stands at $154,900, and rental yield measures 9.43% with $1,217/mo rent. Return on cash invested shows 26.62% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 138.69% and total cumulative return in cash records $71,216. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,217/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1962
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47220, Brownstown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,330 (100%) |
| Owner Occupied HU | 1,642 (70.5%) |
| Renter Occupied HU | 520 (22.3%) |
| Vacant Housing Units | 168 ( 7.2%) |
| Median Home Value | $207,143 |
| Average Home Value | $257,322 |
Housing Distribution
Address Breakdown
Residential
2,285
Single Family
2,261
Multi-Family
24
Businesses
210
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Listed by: Roger Wessel • Berkshire Hathaway Home
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22047496