212 E Emil StFarmersburgIN47850
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 Farmersburg at 212 E Emil St, Farmersburg, IN, 47850 priced at $115,000 pairs $1,471/mo rent with $781/mo cash flow after a $563/mo payment. Total monthly income equals $1,471/mo, and annual cash flow comes to $9,366/yr on $38,123 invested. Return on cash invested is 44.48% in year one, and rental yield stands at 15.35% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 234.41% and total cumulative return in cash reaches $89,361. For financing, Ziffy Mortgage’s DSCR program evaluates $1,471/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1943
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47850, Farmersburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,079 (100%) |
| Owner Occupied HU | 811 (75.2%) |
| Renter Occupied HU | 164 (15.2%) |
| Vacant Housing Units | 104 ( 9.6%) |
| Median Home Value | $122,969 |
| Average Home Value | $165,136 |
Housing Distribution
Address Breakdown
Residential
627
Single Family
627
Multi-Family
0
Businesses
50
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Listed by: Kegan Inman • Inman Realty Company LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22062920