305 Moore StCrothersvilleIN47229
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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 Crothersville at 305 Moore St, Crothersville, IN, 47229 offers $0/mo rent that, after a $1,027/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.81% in year one, and rental yield stands at 0% at a $209,900 entry. Equity gained on principal adds $1,354/yr while 5% annual appreciation compounds into $57,992 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,027/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1913
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47229, Crothersville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,329 (100%) |
| Owner Occupied HU | 981 (73.8%) |
| Renter Occupied HU | 249 (18.7%) |
| Vacant Housing Units | 99 ( 7.4%) |
| Median Home Value | $206,437 |
| Average Home Value | $232,108 |
Housing Distribution
Address Breakdown
Residential
1,338
Single Family
1,307
Multi-Family
31
Businesses
78
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Tamara Barger • Kovener & Associates Real Esta
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22075983