303 Mulberry StCambridge CityIN47327
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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 Cambridge City at 303 Mulberry St, Cambridge City, IN, 47327 priced at $358,700 pairs $1,807/mo rent with after a $1,756/mo payment. Total monthly income equals $1,807/mo. Return on cash invested is 15.72% in year one, and rental yield stands at 6.05% on a $358,700 basis. Equity gained on principal adds $2,315/yr, and 5% annual appreciation accumulates to $99,102 by year five. Five-year ROI measures 80.38% and total cumulative return in cash reaches $95,577. For financing, Ziffy Mortgage’s DSCR program evaluates $1,807/mo property income against a $1,756/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47327, Cambridge City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,327 (100%) |
| Owner Occupied HU | 1,565 (67.3%) |
| Renter Occupied HU | 535 (23.0%) |
| Vacant Housing Units | 227 ( 9.8%) |
| Median Home Value | $178,159 |
| Average Home Value | $225,029 |
Housing Distribution
Address Breakdown
Residential
1,738
Single Family
1,657
Multi-Family
81
Businesses
152
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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