289 N Church StCamdenIN46917
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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 Camden at 289 N Church St, Camden, IN, 46917 uses $75,416 cash to close to unlock $6,958/yr annual cash flow and $580/mo monthly cash flow. Total monthly income runs $1,945/mo, and a $1,114/mo payment keeps the spread at $580/mo. Purchase price stands at $227,500, and rental yield measures 10.26% with $1,945/mo rent. Return on cash invested shows 29.14% in year one, and 5% annual appreciation builds toward $62,854 over five years. Five-year ROI reaches 152.07% and total cumulative return in cash records $114,686. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,945/mo property income covering a $1,114/mo payment rather than investor’s personal income.
Single Family
Built in 1905
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46917, Camden, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 761 (100%) |
| Owner Occupied HU | 612 (80.4%) |
| Renter Occupied HU | 104 (13.7%) |
| Vacant Housing Units | 45 ( 5.9%) |
| Median Home Value | $160,000 |
| Average Home Value | $200,041 |
Housing Distribution
Address Breakdown
Residential
512
Single Family
512
Multi-Family
0
Businesses
39
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Listed by: Cathy C Russell • @properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202447158
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.