303 Lake RoadHenryvilleIN47126
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Henryville at 303 Lake Road, Henryville, IN, 47126 offers a 9.43% rental yield on a $150,000 purchase with $1,179/mo rent. Total monthly income registers $1,179/mo, and a $734/mo payment leaves $279/mo available for distribution. Annual cash flow reaches $3,345/yr on $49,725 to close, and return on cash invested stands at 26.64% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 138.68% and total cumulative return in cash at $68,958. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,179/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47126, Henryville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,957 (100%) |
| Owner Occupied HU | 1,553 (79.4%) |
| Renter Occupied HU | 309 (15.8%) |
| Vacant Housing Units | 95 ( 4.9%) |
| Median Home Value | $306,376 |
| Average Home Value | $325,679 |
Housing Distribution
Address Breakdown
Residential
1,986
Single Family
1,986
Multi-Family
0
Businesses
105
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Listed by: Amber Spence • First Saturday Real Estate
Mls Name: SIRA
Mls ID: #202605192