260 N Maple 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
Rental property for sale in Dana at 260 N Maple St, Dana, IN, 47847 priced at $130,000 converts $986/mo rent into $206/mo cash flow after a $636/mo obligation. Total monthly income equals $986/mo, and annual cash flow totals $2,471/yr on $43,095 invested. Return on cash invested prints 25.64% in year one, and rental yield reads 9.1% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 133.33% and total cumulative return in cash sums $57,459. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $986/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1969
9,583 sqft 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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