2224 S 350 WRussiavilleIN46979
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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 Russiaville at 2224 S 350 W, Russiaville, IN, 46979 earns $545/mo cash flow from $1,686/mo rent with a $930/mo payment. Total monthly income totals $1,686/mo, and annual cash flow totals $6,545/yr on $62,985 capital. ROI tracks 30.3% on current figures, and rental yield reads 10.65% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 158.36% and total cumulative return in cash sums $99,744. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,686/mo property income instead of your personal income.
Single Family
Built in 1964
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46979, Russiaville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,924 (100%) |
| Owner Occupied HU | 1,623 (84.4%) |
| Renter Occupied HU | 190 ( 9.9%) |
| Vacant Housing Units | 111 ( 5.8%) |
| Median Home Value | $231,271 |
| Average Home Value | $270,051 |
Housing Distribution
Address Breakdown
Residential
1,860
Single Family
1,860
Multi-Family
0
Businesses
75
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Listed by: Chelsea Detamore • Apple Tree Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512747
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.