2750 Split Oak Trail RdRising SunIN47040
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
Rental property for sale in Rising Sun at 2750 Split Oak Trail Rd, Rising Sun, IN, 47040 priced at $495,000 converts $1,924/mo rent into after a $2,423/mo obligation. Total monthly income equals $1,924/mo. Return on cash invested prints 12.25% in year one, and rental yield reads 4.66% against a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation compiles into $136,759 by year five. Five-year ROI reaches 61.52% and total cumulative return in cash sums $100,954. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,924/mo property income covering a $2,423/mo payment, not borrower’s personal income.
Single Family
Built in 2022
28.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47040, Rising Sun, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,432 (100%) |
| Owner Occupied HU | 1,598 (65.7%) |
| Renter Occupied HU | 576 (23.7%) |
| Vacant Housing Units | 258 (10.6%) |
| Median Home Value | $199,459 |
| Average Home Value | $255,566 |
Housing Distribution
Address Breakdown
Residential
2,305
Single Family
2,135
Multi-Family
170
Businesses
126
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teresa Bovard Lyons • Homestead Realty Inc
Mls Name: SEIBR
Mls ID: #204802
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.