2855 N Old Michigan RdHoltonIN47023
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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 Holton at 2855 N Old Michigan Rd, Holton, IN, 47023 earns $283/mo cash flow from $1,658/mo rent with a $1,121/mo payment. Total monthly income totals $1,658/mo, and annual cash flow totals $3,398/yr on $75,914 capital. ROI tracks 24.39% on current figures, and rental yield reads 8.69% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 126.66% and total cumulative return in cash sums $96,149. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,658/mo property income instead of your personal income.
Single Family
Built in 1995
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47023, Holton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 715 (100%) |
| Owner Occupied HU | 531 (74.3%) |
| Renter Occupied HU | 118 (16.5%) |
| Vacant Housing Units | 66 ( 9.2%) |
| Median Home Value | $231,696 |
| Average Home Value | $235,217 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
26
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