303 N Center StBoswellIN47921
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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 Boswell at 303 N Center St, Boswell, IN, 47921 priced at $195,000 pairs $1,707/mo rent with $537/mo cash flow after a $954/mo payment. Total monthly income equals $1,707/mo, and annual cash flow comes to $6,442/yr on $64,643 invested. Return on cash invested is 29.88% in year one, and rental yield stands at 10.5% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 156.06% and total cumulative return in cash reaches $100,882. For financing, Ziffy Mortgage’s DSCR program evaluates $1,707/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47921, Boswell, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 296 (63.4%) |
| Renter Occupied HU | 115 (24.6%) |
| Vacant Housing Units | 56 (12.0%) |
| Median Home Value | $205,556 |
| Average Home Value | $192,475 |
Housing Distribution
Address Breakdown
Residential
319
Single Family
319
Multi-Family
0
Businesses
34
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Listed by: Kristen Griffin • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524566
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.