213 E 625 NSharpsvilleIN46068
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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
Total monthly income runs $1,222/mo, and a $1,028/mo payment. Purchase price stands at $210,000, and rental yield measures 6.98% with $1,222/mo rent. Return on cash invested shows 19.24% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 99.07% and total cumulative return in cash records $68,968. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,222/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1910
8.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46068, Sharpsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,055 (100%) |
| Owner Occupied HU | 890 (84.4%) |
| Renter Occupied HU | 91 ( 8.6%) |
| Vacant Housing Units | 74 ( 7.0%) |
| Median Home Value | $201,325 |
| Average Home Value | $216,837 |
Housing Distribution
Address Breakdown
Residential
904
Single Family
904
Multi-Family
0
Businesses
31
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Listed by: Justin Pugh • The Wyman Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512720
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.