2915 Crone RoadBordenIN47106
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
Investment property for sale in Borden at 2915 Crone Road, Borden, IN, 47106 with 5% annual appreciation on a $279,500 basis while $1,744/mo rent supports operations. Total monthly income totals $1,744/mo and a $1,368/mo payment preserves $66/mo for cash returns. Annual cash flow comes to $795/yr on $92,654 deployed, and return on cash invested reaches 20.77% in year one. Equity gained on principal adds $1,804/yr, and five-year appreciation sums $77,221 alongside rental yield of 7.49%. Five-year ROI measures 107.23% and total cumulative return in cash totals $99,356.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,744/mo property income versus a $1,368/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
0.71 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sierra Young • Lopp Real Estate Brokers
Mls Name: SIRA
Mls Provider:
Mls ID: #202507594
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.