225 N Prairie StBrookstonIN47923
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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 Brookston at 225 N Prairie St, Brookston, IN, 47923 uses $74,588 cash to close to unlock $7,615/yr annual cash flow and $635/mo monthly cash flow. Total monthly income runs $1,985/mo, and a $1,101/mo payment keeps the spread at $635/mo. Purchase price stands at $225,000, and rental yield measures 10.59% with $1,985/mo rent. Return on cash invested shows 30.12% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 157.36% and total cumulative return in cash records $117,369. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,985/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47923, Brookston, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,603 (100%) |
| Owner Occupied HU | 1,204 (75.1%) |
| Renter Occupied HU | 249 (15.5%) |
| Vacant Housing Units | 150 ( 9.4%) |
| Median Home Value | $215,726 |
| Average Home Value | $239,797 |
Housing Distribution
Address Breakdown
Residential
1,449
Single Family
1,449
Multi-Family
0
Businesses
72
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Listed by: Ryan Dilley • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434027
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.