212 E Hopewell 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
Investment property for sale in Farmersburg at 212 E Hopewell St, Farmersburg, IN, 47850 earns $260/mo cash flow from $1,154/mo rent with a $729/mo payment. Total monthly income totals $1,154/mo, and annual cash flow totals $3,118/yr on $49,394 capital. ROI tracks 26.22% on current figures, and rental yield reads 9.29% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 136.42% and total cumulative return in cash sums $67,384. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,154/mo property income instead of your personal income.
Single Family
Built in 1915
7,405 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aubrey Walters • eXp Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22074354