228 1/2 W 5th StRushvilleIN46173
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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 Rushville at 228 1/2 W 5th St, Rushville, IN, 46173 listed at $215,000 pairs $1,680/mo rent with a $1,052/mo payment to leave $390/mo cash flow. Total monthly income runs $1,680/mo, and annual cash flow reaches $4,677/yr on $71,273 cash to close. Return on cash invested measures 26.47% in year one, and rental yield registers 9.38% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 137.81% and total cumulative return in cash totals $98,221. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46173, Rushville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,722 (100%) |
| Owner Occupied HU | 2,930 (62.0%) |
| Renter Occupied HU | 1,336 (28.3%) |
| Vacant Housing Units | 456 ( 9.7%) |
| Median Home Value | $171,163 |
| Average Home Value | $232,025 |
Housing Distribution
Address Breakdown
Residential
4,494
Single Family
4,390
Multi-Family
104
Businesses
440
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