3008 N Chigger Ridge RdBirdseyeIN47513
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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 Birdseye at 3008 N Chigger Ridge Rd, Birdseye, IN, 47513 at $201,000 posts ROI 20.4% with $27/mo cash flow from $1,234/mo rent. Total monthly income equals $1,234/mo, and annual cash flow records $327/yr on $66,632 to close. Return on cash invested measures 20.4% and rental yield reads 7.37% at the current $201,000. Equity gained on principal adds $1,297/yr, and 5% annual appreciation supports $55,533 by year five. Five-year ROI prints 105.28% and total cumulative return in cash totals $70,150.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,234/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
1.80 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
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