226 Grand AveGrandviewIN47615
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 Grandview at 226 Grand Ave, Grandview, IN, 47615 at $155,000 posts ROI 32.36% with $533/mo cash flow from $1,464/mo rent. Total monthly income equals $1,464/mo, and annual cash flow records $6,399/yr on $51,383 to close. Return on cash invested measures 32.36% and rental yield reads 11.33% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 169.44% and total cumulative return in cash totals $87,064.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,464/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47615, Grandview, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 657 (100%) |
| Owner Occupied HU | 494 (75.2%) |
| Renter Occupied HU | 98 (14.9%) |
| Vacant Housing Units | 65 ( 9.9%) |
| Median Home Value | $215,351 |
| Average Home Value | $249,423 |
Housing Distribution
Address Breakdown
Residential
602
Single Family
602
Multi-Family
0
Businesses
19
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