24502 State Road 37HarlanIN46743
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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 Harlan at 24502 State Road 37, Harlan, IN, 46743 earns $249/mo cash flow from $1,750/mo rent with a $1,224/mo payment. Total monthly income totals $1,750/mo, and annual cash flow totals $2,987/yr on $82,875 capital. ROI tracks 23.51% on current figures, and rental yield reads 8.4% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 121.92% and total cumulative return in cash sums $101,038. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,750/mo property income instead of your personal income.
Single Family
Built in 1870
2.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46743, Harlan, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 837 (100%) |
| Owner Occupied HU | 674 (80.5%) |
| Renter Occupied HU | 110 (13.1%) |
| Vacant Housing Units | 53 ( 6.3%) |
| Median Home Value | $327,852 |
| Average Home Value | $340,204 |
Housing Distribution
Address Breakdown
Residential
690
Single Family
690
Multi-Family
0
Businesses
74
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