207 W Heap StFarmersburgIN47850
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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 Farmersburg at 207 W Heap St, Farmersburg, IN, 47850 with 5% annual appreciation on a $235,000 basis while $1,025/mo rent supports operations. 97% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 5.23%. Five-year ROI measures 70.77% and total cumulative return in cash totals $55,132. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,025/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47850, Farmersburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,079 (100%) |
| Owner Occupied HU | 811 (75.2%) |
| Renter Occupied HU | 164 (15.2%) |
| Vacant Housing Units | 104 ( 9.6%) |
| Median Home Value | $122,969 |
| Average Home Value | $165,136 |
Housing Distribution
Address Breakdown
Residential
627
Single Family
627
Multi-Family
0
Businesses
50
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Listed by: JOHN HAMBLIN • REMAX R.E.A.
Mls Name: THAAR
Mls ID: #108136