281 Victory HlCoatesvilleIN46121
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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
Rental property for sale in Coatesville at 281 Victory Hl, Coatesville, IN, 46121 priced at $714,900 converts $2,400/mo rent into after a $3,499/mo obligation. Total monthly income equals $2,400/mo. Return on cash invested prints 10.41% in year one, and rental yield reads 4.03% against a $714,900 entry. Equity gained on principal adds $4,613/yr, while 5% annual appreciation compiles into $197,514 by year five. Five-year ROI reaches 51.63% and total cumulative return in cash sums $121,430. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $3,499/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46121, Coatesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,575 (100%) |
| Owner Occupied HU | 2,049 (79.6%) |
| Renter Occupied HU | 225 ( 8.7%) |
| Vacant Housing Units | 301 (11.7%) |
| Median Home Value | $278,704 |
| Average Home Value | $333,669 |
Housing Distribution
Address Breakdown
Residential
2,236
Single Family
2,236
Multi-Family
0
Businesses
54
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Listed by: Courtney Query • The Stewart Home Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22060531