218 N West StBargersvilleIN46106
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 Bargersville at 218 N West St, Bargersville, IN, 46106 at $250,000 posts ROI 23.72% with $263/mo cash flow from $1,764/mo rent. Total monthly income equals $1,764/mo, and annual cash flow records $3,155/yr on $82,875 to close. Return on cash invested measures 23.72% and rental yield reads 8.47% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 123.02% and total cumulative return in cash totals $101,950.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,764/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1915
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46106, Bargersville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,989 (100%) |
| Owner Occupied HU | 3,155 (79.1%) |
| Renter Occupied HU | 661 (16.6%) |
| Vacant Housing Units | 173 ( 4.3%) |
| Median Home Value | $399,938 |
| Average Home Value | $520,540 |
Housing Distribution
Address Breakdown
Residential
3,749
Single Family
3,749
Multi-Family
0
Businesses
165
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Listed by: Matthew Kresse • Red Oak Real Estate Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22054350