271 N County Road 1000 WFarmlandIN47340
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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 Farmland at 271 N County Road 1000 W, Farmland, IN, 47340 listed at $278,900 pairs $960/mo rent with a $1,365/mo payment. Total monthly income runs $960/mo. Return on cash invested measures 10.64% in year one, and rental yield registers 4.13% at a $278,900 basis. Equity gained on principal adds $1,800/yr, and annual property appreciation at 5% supports $77,055 by year five. Five-year ROI tracks 52.89% and total cumulative return in cash totals $48,899. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $960/mo property income relative to a $1,365/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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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Listed by: Lucius Conner • Viking Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508625
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.