211 Blessing StMillersburgIN46543
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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 Millersburg at 211 Blessing St, Millersburg, IN, 46543 with 5% annual appreciation on a $265,000 basis while $2,014/mo rent supports operations. Total monthly income totals $2,014/mo and a $1,297/mo payment preserves $393/mo for cash returns. Annual cash flow comes to $4,711/yr on $87,848 deployed, and return on cash invested reaches 25.27% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 9.12%. Five-year ROI measures 131.51% and total cumulative return in cash totals $115,527.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,014/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46543, Millersburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 1,038 (83.6%) |
| Renter Occupied HU | 152 (12.2%) |
| Vacant Housing Units | 52 ( 4.2%) |
| Median Home Value | $328,090 |
| Average Home Value | $426,869 |
Housing Distribution
Address Breakdown
Residential
964
Single Family
964
Multi-Family
0
Businesses
69
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Listed by: David Stump • Berkshire Hathaway HomeServices Goshen
Mls Name: IRMLS
Mls Provider:
Mls ID: #202530299
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.