2115 Elephant Hill DrConnersvilleIN47331
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
Investment property for sale in Connersville at 2115 Elephant Hill Dr, Connersville, IN, 47331 earns $712/mo cash flow from $2,615/mo rent with a $1,552/mo payment. Total monthly income totals $2,615/mo, and annual cash flow totals $8,538/yr on $105,119 capital. ROI tracks 28.03% on current figures, and rental yield reads 9.9% at a $317,100 purchase. Equity gained on principal adds $2,046/yr, and 5% annual appreciation supports $87,609 over five years. Five-year ROI reaches 146.17% and total cumulative return in cash sums $153,653. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,615/mo property income instead of your personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47331, Connersville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,782 (100%) |
| Owner Occupied HU | 6,646 (61.6%) |
| Renter Occupied HU | 3,033 (28.1%) |
| Vacant Housing Units | 1,103 (10.2%) |
| Median Home Value | $135,068 |
| Average Home Value | $179,715 |
Housing Distribution
Address Breakdown
Residential
9,963
Single Family
9,542
Multi-Family
421
Businesses
701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A