212 S West StMilfordIN46542
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 Milford at 212 S West St, Milford, IN, 46542 offers $1,348/mo rent that, after a $734/mo payment, leaves $448/mo cash flow. Total monthly income is $1,348/mo, and annual cash flow is $5,373/yr on $49,723 cash. Return on cash invested measures 30.71% in year one, and rental yield stands at 10.78% at a $149,995 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,441 by year five. Five-year ROI records 160.57% and total cumulative return in cash reaches $79,840. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,348/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46542, Milford, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,809 (100%) |
| Owner Occupied HU | 1,401 (77.4%) |
| Renter Occupied HU | 284 (15.7%) |
| Vacant Housing Units | 124 ( 6.9%) |
| Median Home Value | $269,483 |
| Average Home Value | $330,842 |
Housing Distribution
Address Breakdown
Residential
1,603
Single Family
1,603
Multi-Family
0
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonah Hartsburg • Hoosier Hub Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511462
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.