219 W Boone StGentryvilleIN47537
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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 Gentryville at 219 W Boone St, Gentryville, IN, 47537 uses $44,388 cash to close to unlock $3,487/yr annual cash flow and $291/mo monthly cash flow. Total monthly income runs $1,094/mo, and a $655/mo payment keeps the spread at $291/mo. Purchase price stands at $133,900, and rental yield measures 9.8% with $1,094/mo rent. Return on cash invested shows 27.77% in year one, and 5% annual appreciation builds toward $36,994 over five years. Five-year ROI reaches 144.75% and total cumulative return in cash records $64,251. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,094/mo property income covering a $655/mo payment rather than investor’s personal income.
Single Family
Built in 1900
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47537, Gentryville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 332 (100%) |
| Owner Occupied HU | 270 (81.3%) |
| Renter Occupied HU | 43 (13.0%) |
| Vacant Housing Units | 19 ( 5.7%) |
| Median Home Value | $249,091 |
| Average Home Value | $294,009 |
Housing Distribution
Address Breakdown
Residential
340
Single Family
340
Multi-Family
0
Businesses
7
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Listed by: Jennifer Fritz Wahl • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516411
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.