220 N Thomas StLindenIN47955
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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 Linden at 220 N Thomas St, Linden, IN, 47955 with 5% annual appreciation on a $231,000 basis while $1,150/mo rent supports operations. 19% in year one. Equity gained on principal adds $1,491/yr, and five-year appreciation sums $63,821 alongside rental yield of 5.97%. Five-year ROI measures 82.67% and total cumulative return in cash totals $63,309. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,150/mo property income versus a $1,131/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1998
1.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47955, Linden, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 322 (75.2%) |
| Renter Occupied HU | 80 (18.7%) |
| Vacant Housing Units | 26 ( 6.1%) |
| Median Home Value | $194,853 |
| Average Home Value | $237,601 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
318
Multi-Family
0
Businesses
29
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Listed by: Cathy C Russell • @properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437974
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