222 Lilly LnBatesvilleIN47006
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
Rental property for sale in Batesville at 222 Lilly Ln, Batesville, IN, 47006 priced at $328,000 pairs $3,322/mo rent with $1,353/mo cash flow after a $1,605/mo payment. Total monthly income equals $3,322/mo, and annual cash flow comes to $16,242/yr on $108,732 invested. Return on cash invested is 34.85% in year one, and rental yield stands at 12.15% on a $328,000 basis. Equity gained on principal adds $2,117/yr, and 5% annual appreciation accumulates to $90,620 by year five. Five-year ROI measures 182.71% and total cumulative return in cash reaches $198,667. For financing, Ziffy Mortgage’s DSCR program evaluates $3,322/mo property income against a $1,605/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47006, Batesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 3,772 (71.4%) |
| Renter Occupied HU | 1,261 (23.9%) |
| Vacant Housing Units | 250 ( 4.7%) |
| Median Home Value | $269,014 |
| Average Home Value | $294,852 |
Housing Distribution
Address Breakdown
Residential
5,121
Single Family
4,800
Multi-Family
321
Businesses
445
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A