208 W 6th St, Earl Park, IN, 47942 | $304/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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208 W 6th St, Earl Park, IN, 47942 | $304/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Earl Park at 208 W 6th St, Earl Park, IN, 47942 generates $1,324/mo in rent and, after a $832/mo payment, leaves $304/mo in cash flow. Total monthly income is $1,324/mo, and annual cash flow is $3,644/yr on $56,322 invested. Return on cash invested sits at 26.38% in year one, and rental yield is 9.35% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 137.3% and total cumulative return in cash sums $77,330. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,324/mo property income rather than buyer’s personal income.

Single Family

Built in 1900

9,321 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 4-bedroom, 1.5-bath home situated on a quiet street just steps from Earl Park Community Park. Offering timeless curb appeal and a well-designed layout, this charming home is move-in ready and ideal for comfortable everyday living. Step inside to a bright and spacious living room featuring gleaming hardwood floors and large windows that fill the space with natural light. The kitchen is equipped with stainless steel appliances and plenty of cabinet space, flowing seamlessly into a cozy dining area perfect for casual meals or entertaining. All four bedrooms are generously sized, with neutral finishes and ample closet space. A full bathroom on the main level and a convenient half bath upstairs provide both function and flexibility for busy households. Enjoy peaceful mornings or relaxing evenings on the welcoming front porchperfect for sipping coffee or catching up with neighbors. The backyard offers space for gardening, outdoor activities, and includes a handy storage shed for tools and equipment. Additional highlights include an attached one-car garage and mature landscaping, all in a fantastic location just a short walk to Earl Park Park. Don't miss your opportunity to make this wonderful home yoursschedule your private showing today!