271 N 1000 WFarmlandIN47340
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
Investment property for sale in Farmland at 271 N 1000 W, Farmland, IN, 47340 offers a 9.43% rental yield on a $340,300 purchase with $2,675/mo rent. Total monthly income registers $2,675/mo, and a $1,666/mo payment leaves $632/mo available for distribution. Annual cash flow reaches $7,582/yr on $112,809 to close, and return on cash invested stands at 26.63% in year one. Equity gained on principal adds $2,196/yr while 5% annual appreciation supports $94,019 over five years. Portfolio math shows five-year ROI at 138.65% and total cumulative return in cash at $156,412. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,675/mo property income against a $1,666/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47340, Farmland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,244 (100%) |
| Owner Occupied HU | 912 (73.3%) |
| Renter Occupied HU | 228 (18.3%) |
| Vacant Housing Units | 104 ( 8.4%) |
| Median Home Value | $156,322 |
| Average Home Value | $188,931 |
Housing Distribution
Address Breakdown
Residential
931
Single Family
931
Multi-Family
0
Businesses
55
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