207 Eastern AveSunmanIN47041
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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 Sunman at 207 Eastern Ave, Sunman, IN, 47041 priced at $275,000 pairs $1,972/mo rent with $321/mo cash flow after a $1,346/mo payment. Total monthly income equals $1,972/mo, and annual cash flow comes to $3,855/yr on $91,163 invested. Return on cash invested is 24.14% in year one, and rental yield stands at 8.61% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 125.3% and total cumulative return in cash reaches $114,227. For financing, Ziffy Mortgage’s DSCR program evaluates $1,972/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47041, Sunman, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,387 (100%) |
| Owner Occupied HU | 1,926 (80.7%) |
| Renter Occupied HU | 315 (13.2%) |
| Vacant Housing Units | 146 ( 6.1%) |
| Median Home Value | $280,480 |
| Average Home Value | $307,567 |
Housing Distribution
Address Breakdown
Residential
2,219
Single Family
2,191
Multi-Family
28
Businesses
95
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