207 E Log StCarthageIN46115
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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 Carthage at 207 E Log St, Carthage, IN, 46115 with 5% annual appreciation on a $275,000 basis while $671/mo rent supports operations. 01% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 2.93%. Five-year ROI measures 33.47% and total cumulative return in cash totals $30,515. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $671/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46115, Carthage, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 872 (100%) |
| Owner Occupied HU | 641 (73.5%) |
| Renter Occupied HU | 174 (20.0%) |
| Vacant Housing Units | 57 ( 6.5%) |
| Median Home Value | $265,164 |
| Average Home Value | $293,658 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
26
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