206 N Plank StRossvilleIN46065
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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 Rossville at 206 N Plank St, Rossville, IN, 46065 listed at $185,000 pairs $1,477/mo rent with a $905/mo payment to leave $367/mo cash flow. Total monthly income runs $1,477/mo, and annual cash flow reaches $4,404/yr on $61,328 cash to close. Return on cash invested measures 27.09% in year one, and rental yield registers 9.58% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 141.1% and total cumulative return in cash totals $86,535. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,477/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46065, Rossville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,437 (100%) |
| Owner Occupied HU | 1,126 (78.4%) |
| Renter Occupied HU | 234 (16.3%) |
| Vacant Housing Units | 77 ( 5.4%) |
| Median Home Value | $238,670 |
| Average Home Value | $288,730 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,091
Multi-Family
16
Businesses
76
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