212 S Adams StVersaillesIN47042
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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 Versailles at 212 S Adams St, Versailles, IN, 47042 priced at $215,000 converts $2,011/mo rent into $721/mo cash flow after a $1,052/mo obligation. Total monthly income equals $2,011/mo, and annual cash flow totals $8,649/yr on $71,273 invested. Return on cash invested prints 32.04% in year one, and rental yield reads 11.22% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 167.68% and total cumulative return in cash sums $119,509. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,011/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1920
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47042, Versailles, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,997 (100%) |
| Owner Occupied HU | 1,258 (63.0%) |
| Renter Occupied HU | 542 (27.1%) |
| Vacant Housing Units | 197 ( 9.9%) |
| Median Home Value | $192,586 |
| Average Home Value | $228,027 |
Housing Distribution
Address Breakdown
Residential
1,809
Single Family
1,661
Multi-Family
148
Businesses
173
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