2723 Goodner RdDillsboroIN47018
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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 Dillsboro at 2723 Goodner Rd, Dillsboro, IN, 47018 with 5% annual appreciation on a $286,500 basis while $1,958/mo rent supports operations. Total monthly income totals $1,958/mo and a $1,402/mo payment preserves $238/mo for cash returns. Annual cash flow comes to $2,862/yr on $94,975 deployed, and return on cash invested reaches 22.92% in year one. Equity gained on principal adds $1,849/yr, and five-year appreciation sums $79,155 alongside rental yield of 8.2%. Five-year ROI measures 118.78% and total cumulative return in cash totals $112,809.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,958/mo property income versus a $1,402/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1874
5.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47018, Dillsboro, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,970 (100%) |
| Owner Occupied HU | 1,426 (72.4%) |
| Renter Occupied HU | 360 (18.3%) |
| Vacant Housing Units | 184 ( 9.3%) |
| Median Home Value | $249,310 |
| Average Home Value | $281,550 |
Housing Distribution
Address Breakdown
Residential
1,696
Single Family
1,625
Multi-Family
71
Businesses
103
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