26304 Channel Rd, Birdseye, IN, 47513 | 3.5% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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26304 Channel Rd, Birdseye, IN, 47513 | 3.5% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Birdseye at 26304 Channel Rd, Birdseye, IN, 47513 generates $1,021/mo in rent, after a $1,713/mo payment. Total monthly income is $1,021/mo. Return on cash invested sits at 8.74% in year one, and rental yield is 3.5% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 42.73% and total cumulative return in cash sums $49,566. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,021/mo property income rather than buyer’s personal income.

Single Family

Built in 1996

5.95 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover the perfect blend of comfort and country living with this spacious 2 bedroom, 3.5 bath home featuring a full basement. Nestled on nearly 6 acres, this property offers room to roam along with all the amenities you need for hobby farming or simply enjoying the outdoors. Inside, youll love the beautiful oak woodwork, cozy electric fireplace, and the added peace and quiet of insulated interior walls. The open layout provides plenty of living space, while the full basement with framed walls opens up opportunities for storage, recreation, or additional living space. Outside, the property is a dream for those who appreciate the country lifestyle. It includes a pond, pole barn, horse barn, chicken coop, and utility shedready for animals, equipment, or hobbies. A wide front porch and mature trees create a welcoming setting to relax and enjoy your land. If youve been searching for a private retreat with room for animals, gardens, and outdoor living, this property checks all the boxes.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47513, Birdseye, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,423 (100%)
Owner Occupied HU	738 (51.9%)
Renter Occupied HU	156 (11.0%)
Vacant Housing Units	529 (37.2%)
Median Home Value	$178,704
Average Home Value	$205,854