2309 S 625 EBringhurstIN46913
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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 Bringhurst at 2309 S 625 E, Bringhurst, IN, 46913 earns $161/mo cash flow from $1,877/mo rent with a $1,399/mo payment. Total monthly income totals $1,877/mo, and annual cash flow totals $1,933/yr on $94,776 capital. ROI tracks 21.95% on current figures, and rental yield reads 7.88% at a $285,900 purchase. Equity gained on principal adds $1,845/yr, and 5% annual appreciation supports $78,989 over five years. Five-year ROI reaches 113.59% and total cumulative return in cash sums $107,653. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,877/mo property income instead of your personal income.
Single Family
Built in 1920
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46913, Bringhurst, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 560 (100%) |
| Owner Occupied HU | 466 (83.2%) |
| Renter Occupied HU | 48 ( 8.6%) |
| Vacant Housing Units | 46 ( 8.2%) |
| Median Home Value | $212,037 |
| Average Home Value | $290,542 |
Housing Distribution
Address Breakdown
Residential
552
Single Family
552
Multi-Family
0
Businesses
9
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Listed by: Carrie A Surber • Risse Realty
Mls Name: IRMLS
Mls ID: #202602263