2444 4th Street SENew middletownIN47160
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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
Rental property for sale in New middletown at 2444 4th Street SE, New middletown, IN, 47160 generates $1,288/mo in rent and, after a $808/mo payment, leaves $297/mo in cash flow. Total monthly income is $1,288/mo, and annual cash flow is $3,565/yr on $54,698 invested. Return on cash invested sits at 26.43% in year one, and rental yield is 9.37% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 137.64% and total cumulative return in cash sums $75,287. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,288/mo property income rather than buyer’s personal income.
Manufactured
Built in 2012
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47160, New Middletown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 57 (100%) |
| Owner Occupied HU | 47 (82.5%) |
| Renter Occupied HU | 3 ( 5.3%) |
| Vacant Housing Units | 7 (12.3%) |
| Median Home Value | $278,125 |
| Average Home Value | $349,521 |
Housing Distribution
Address Breakdown
Residential
79
Single Family
79
Multi-Family
0
Businesses
4
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Listed by: Scotty Paden • Epique Realty
Mls Name: SIRA
Mls Provider:
Mls ID: #2025010456
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.