3008 N Chigger Ridge Rd #395-396, Birdseye, IN, 47513 | Equity Gain $2,742/yr | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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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
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Investment Highlights

Rental property for sale in Birdseye at 3008 N Chigger Ridge Rd #395-396, Birdseye, IN, 47513 generates $0/mo in rent, after a $2,080/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.82% in year one, and rental yield is 0% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.

Single Family

Built in 2015

1.75 Acres lot

$N/A/sqft

No HOA

More details about the property

PATOKA LAKE Vacation is everyday at this Lake area location. This home is a few minutes drive to walk on boat dock at the Marina. No wood log maintenance since this is vinyl log siding. Your private lane ends at this country location with generous parking areas outside. Detached garage 54 x 54, room for 6 cars, trucks or boats and Rv's. Open all 3 garage doors, invite guest and neighbors and let it Rip ! Entertain with so much room inside and out. Yes 1100 squ ft of open spaces from the kitchen, dining, several connected relaxing areas, loft and covered decks. The walkout basement entrance is under roof and open to the level yard and creek with Crawford County hillside views of the nearby farms. Enjoy yard games and hikes down the creek, cookouts and relaxing on outdoor decks on over 700 Sq Ft. of open sky. and covered decks. Nice decks for outdoor living up and off the ground. Enjoy the breeze from the nearby forest and views of farm ground. One upper level, a loft now used as a sleeping space. Also on another upper level is the private owners bath, closet and bedroom for quiet space up and away. Live here, entertain here or get away and relax in private.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47513, Birdseye, IN area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)1,423 (100%)
Owner Occupied HU738 (51.9%)
Renter Occupied HU156 (11.0%)
Vacant Housing Units529 (37.2%)
Median Home Value$178,704
Average Home Value$205,854

Address Breakdown

Residential

892

Single Family

892

Multi-Family

0

Businesses

34

Price History

Date

Event

Price

2025-04-14Listed for sale$425,000

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
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NMLS #2625701
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Facts & Features

General Information

  • Type: SingleFamily
  • Year Built: 2015
  • Architectural Style: Bungalow,Lofted,Cabin/Cottage
  • Building Area: 2,014
  • Living Area: 1,650 sqft
  • Property Condition: N/A

Features & Amenities

  • Heating: Propane, Conventional, Forced Air, Propane Tank Owned
  • Cooling: Central Air, HVAC (16 Seer+)
  • Flooring: Hardwood, Carpet
  • Interior Features: Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Laminate Counters, Rough-In Bath, Tub and Separate Shower
  • Exterior Features: Balcony
  • Parking Features: Detached, Garage Door Opener, RV Access/Parking, Gravel

Location

  • City: Birdseye
  • State: IN
  • Subdivision: None
  • Lot Size: 1.75 Acres
  • Lot Features: Cul-De-Sac, Sloped, Rural Subdivision
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: Cable Available
  • Sewer: Regional
  • Water Source: Public, Patoka Water
  • Road Surface Type: Gravel

School Information

  • Elementary School: West Crawford
  • Middle School: Crawford County
  • High School: Crawford County

Listed by: Drew G Englert • F.C. TUCKER EMGE 

Mls Name: IRMLS

Mls Provider:Mls

Mls ID: #202512680

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.

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