220 N Angling RdFarmlandIN47340
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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 Farmland at 220 N Angling Rd, Farmland, IN, 47340 at $147,500 posts ROI 31.78% with $484/mo cash flow from $1,369/mo rent. Total monthly income equals $1,369/mo, and annual cash flow records $5,802/yr on $48,896 to close. Return on cash invested measures 31.78% and rental yield reads 11.14% at the current $147,500. Equity gained on principal adds $952/yr, and 5% annual appreciation supports $40,752 by year five. Five-year ROI prints 166.3% and total cumulative return in cash totals $81,313.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,369/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47340, Farmland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,244 (100%) |
| Owner Occupied HU | 912 (73.3%) |
| Renter Occupied HU | 228 (18.3%) |
| Vacant Housing Units | 104 ( 8.4%) |
| Median Home Value | $156,322 |
| Average Home Value | $188,931 |
Housing Distribution
Address Breakdown
Residential
931
Single Family
931
Multi-Family
0
Businesses
55
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Listed by: Tyler Hartzell • Tarter Realty Auction and Appraisal Company
Mls Name: IRMLS
Mls Provider:
Mls ID: #202530142
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.