255 N Willow StDanaIN47847
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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 Dana at 255 N Willow St, Dana, IN, 47847 offers a 9.61% rental yield on a $162,000 purchase with $1,297/mo rent. Total monthly income registers $1,297/mo, and a $793/mo payment leaves $324/mo available for distribution. Annual cash flow reaches $3,893/yr on $53,703 to close, and return on cash invested stands at 27.16% in year one. Equity gained on principal adds $1,045/yr while 5% annual appreciation supports $44,758 over five years. Portfolio math shows five-year ROI at 141.5% and total cumulative return in cash at $75,989. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,297/mo property income against a $793/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1868
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47847, Dana, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 494 (100%) |
| Owner Occupied HU | 349 (70.6%) |
| Renter Occupied HU | 70 (14.2%) |
| Vacant Housing Units | 75 (15.2%) |
| Median Home Value | $88,500 |
| Average Home Value | $125,201 |
Housing Distribution
Address Breakdown
Residential
245
Single Family
245
Multi-Family
0
Businesses
22
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