280 W Main St #D-13NashvilleIN47448
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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 Nashville at 280 W Main St #D-13, Nashville, IN, 47448 earns $286/mo cash flow from $1,721/mo rent with a $1,170/mo payment. Total monthly income totals $1,721/mo, and annual cash flow totals $3,433/yr on $79,229 capital. ROI tracks 24.24% on current figures, and rental yield reads 8.64% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 125.89% and total cumulative return in cash sums $99,744. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,721/mo property income instead of your personal income.
Condo
Built in 1992
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47448, Nashville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,428 (100%) |
| Owner Occupied HU | 2,879 (65.0%) |
| Renter Occupied HU | 702 (15.9%) |
| Vacant Housing Units | 847 (19.1%) |
| Median Home Value | $297,417 |
| Average Home Value | $337,810 |
Housing Distribution
Address Breakdown
Residential
3,520
Single Family
3,299
Multi-Family
221
Businesses
515
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