221 N Cale StPoseyvilleIN47633
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 Poseyville at 221 N Cale St, Poseyville, IN, 47633 uses $62,985 cash to close to unlock $1,289/yr annual cash flow and $107/mo monthly cash flow. Total monthly income runs $1,248/mo, and a $930/mo payment keeps the spread at $107/mo. Purchase price stands at $190,000, and rental yield measures 7.88% with $1,248/mo rent. Return on cash invested shows 21.96% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 113.63% and total cumulative return in cash records $71,568. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,248/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47633, Poseyville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,086 (100%) |
| Owner Occupied HU | 815 (75.0%) |
| Renter Occupied HU | 168 (15.5%) |
| Vacant Housing Units | 103 ( 9.5%) |
| Median Home Value | $190,893 |
| Average Home Value | $245,356 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
915
Multi-Family
0
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Doreen Hallenberger • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525234
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.