211 Olive CtRockvilleIN47872
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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 Rockville at 211 Olive Ct, Rockville, IN, 47872 priced at $219,900 converts $1,363/mo rent into $43/mo cash flow after a $1,076/mo obligation. Total monthly income equals $1,363/mo, and annual cash flow totals $519/yr on $72,897 invested. Return on cash invested prints 20.62% in year one, and rental yield reads 7.44% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 106.46% and total cumulative return in cash sums $77,608. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,363/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 2023
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47872, Rockville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,786 (100%) |
| Owner Occupied HU | 2,231 (58.9%) |
| Renter Occupied HU | 701 (18.5%) |
| Vacant Housing Units | 854 (22.6%) |
| Median Home Value | $163,141 |
| Average Home Value | $234,938 |
Housing Distribution
Address Breakdown
Residential
3,342
Single Family
3,211
Multi-Family
131
Businesses
313
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