3008 N Chigger Ridge Rd #395-396BirdseyeIN47513
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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 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
Neighborhood Data
Neighborhood data shown for ZIP Code: 47513, Birdseye, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,423 (100%) |
| Owner Occupied HU | 738 (51.9%) |
| Renter Occupied HU | 156 (11.0%) |
| Vacant Housing Units | 529 (37.2%) |
| Median Home Value | $178,704 |
| Average Home Value | $205,854 |
Housing Distribution
Address Breakdown
Residential
892
Single Family
892
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Drew G Englert • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
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.