303 E Pearl StTrafalgarIN46181
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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 Trafalgar at 303 E Pearl St, Trafalgar, IN, 46181 uses $44,753 cash to close to unlock $7,024/yr annual cash flow and $585/mo monthly cash flow. Total monthly income runs $1,396/mo, and a $661/mo payment keeps the spread at $585/mo. Purchase price stands at $135,000, and rental yield measures 12.41% with $1,396/mo rent. Return on cash invested shows 35.61% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 186.84% and total cumulative return in cash records $83,617. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,396/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1930
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46181, Trafalgar, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,202 (100%) |
| Owner Occupied HU | 1,824 (82.8%) |
| Renter Occupied HU | 233 (10.6%) |
| Vacant Housing Units | 145 ( 6.6%) |
| Median Home Value | $370,229 |
| Average Home Value | $392,205 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
2,189
Multi-Family
0
Businesses
124
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