250 W Allen StMarkleIN46770
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
Rental property for sale in Markle at 250 W Allen St, Markle, IN, 46770 priced at $269,900 pairs $1,705/mo rent with $85/mo cash flow after a $1,321/mo payment. Total monthly income equals $1,705/mo, and annual cash flow comes to $1,018/yr on $89,472 invested. Return on cash invested is 21.05% in year one, and rental yield stands at 7.58% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 108.7% and total cumulative return in cash reaches $97,254. For financing, Ziffy Mortgage’s DSCR program evaluates $1,705/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46770, Markle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 862 (81.1%) |
| Renter Occupied HU | 154 (14.5%) |
| Vacant Housing Units | 47 ( 4.4%) |
| Median Home Value | $245,548 |
| Average Home Value | $351,682 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
907
Multi-Family
8
Businesses
78
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