208 W Boone StGentryvilleIN47537
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gentryville at 208 W Boone St, Gentryville, IN, 47537 offers $1,810/mo rent that, after a $905/mo payment, leaves $700/mo cash flow. Total monthly income is $1,810/mo, and annual cash flow is $8,400/yr on $61,328 cash. Return on cash invested measures 33.61% in year one, and rental yield stands at 11.74% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 176.03% and total cumulative return in cash reaches $107,955. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,810/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2017
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47537, Gentryville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 332 (100%) |
| Owner Occupied HU | 270 (81.3%) |
| Renter Occupied HU | 43 (13.0%) |
| Vacant Housing Units | 19 ( 5.7%) |
| Median Home Value | $249,091 |
| Average Home Value | $294,009 |
Housing Distribution
Address Breakdown
Residential
340
Single Family
340
Multi-Family
0
Businesses
7
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Listed by: Jackson Holstein • Key Associates of Rockport IN
Mls Name: IRMLS
Mls ID: #202600784