2067 S 4th StMeromIN47861
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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
Rental property for sale in Merom at 2067 S 4th St, Merom, IN, 47861 generates $979/mo in rent and, after a $631/mo payment, leaves $205/mo in cash flow. Total monthly income is $979/mo, and annual cash flow is $2,462/yr on $42,730 invested. Return on cash invested sits at 25.67% in year one, and rental yield is 9.11% on a $128,900 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,613 over five years. Five-year ROI reaches 133.58% and total cumulative return in cash sums $57,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $979/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
10,074 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47861, Merom, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 254 (100%) |
| Owner Occupied HU | 189 (74.4%) |
| Renter Occupied HU | 25 ( 9.8%) |
| Vacant Housing Units | 40 (15.7%) |
| Median Home Value | $212,778 |
| Average Home Value | $215,714 |
Housing Distribution
Address Breakdown
Residential
175
Single Family
175
Multi-Family
0
Businesses
9
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