209 S Cory StMoorelandIN47360
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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 Mooreland at 209 S Cory St, Mooreland, IN, 47360 generates $1,178/mo in rent and, after a $857/mo payment, leaves $127/mo in cash flow. Total monthly income is $1,178/mo, and annual cash flow is $1,524/yr on $58,013 invested. Return on cash invested sits at 22.54% in year one, and rental yield is 8.08% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 116.78% and total cumulative return in cash sums $67,747. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,178/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47360, Mooreland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 649 (100%) |
| Owner Occupied HU | 524 (80.7%) |
| Renter Occupied HU | 67 (10.3%) |
| Vacant Housing Units | 58 ( 8.9%) |
| Median Home Value | $206,061 |
| Average Home Value | $233,344 |
Housing Distribution
Address Breakdown
Residential
467
Single Family
467
Multi-Family
0
Businesses
15
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