3015 School RdWest HarrisonIN47060
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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 West Harrison at 3015 School Rd, West Harrison, IN, 47060 listed at $373,400 pairs $2,050/mo rent with a $1,828/mo payment. Total monthly income runs $2,050/mo. Return on cash invested measures 18.05% in year one, and rental yield registers 6.59% at a $373,400 basis. Equity gained on principal adds $2,409/yr, and annual property appreciation at 5% supports $103,164 by year five. Five-year ROI tracks 92.65% and total cumulative return in cash totals $114,688. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,050/mo property income relative to a $1,828/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
3.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47060, West Harrison, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,947 (100%) |
| Owner Occupied HU | 2,442 (82.9%) |
| Renter Occupied HU | 375 (12.7%) |
| Vacant Housing Units | 130 ( 4.4%) |
| Median Home Value | $316,798 |
| Average Home Value | $332,482 |
Housing Distribution
Address Breakdown
Residential
2,955
Single Family
2,897
Multi-Family
58
Businesses
113
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Listed by: N/A • N/A
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