212 Shideler StWest College CornerIN47003
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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
Investment property for sale in West College Corner at 212 Shideler St, West College Corner, IN, 47003 offers a 10.43% rental yield on a $145,000 purchase with $1,260/mo rent. Total monthly income registers $1,260/mo, and a $710/mo payment leaves $389/mo available for distribution. Annual cash flow reaches $4,671/yr on $48,068 to close, and return on cash invested stands at 29.63% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 154.8% and total cumulative return in cash at $74,408. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,260/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47003, West College Corner, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 381 (100%) |
| Owner Occupied HU | 213 (55.9%) |
| Renter Occupied HU | 129 (33.9%) |
| Vacant Housing Units | 39 (10.2%) |
| Median Home Value | $186,058 |
| Average Home Value | $199,660 |
Housing Distribution
Address Breakdown
Residential
276
Single Family
244
Multi-Family
32
Businesses
17
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Listed by: Ken Thacker • Century 21 Thacker & Associates
Mls Name: RLMS
Mls Provider:
Mls ID: #10050801
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.