305 W Main StFarmersburgIN47850
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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 Farmersburg at 305 W Main St, Farmersburg, IN, 47850 priced at $135,000 converts $1,072/mo rent into $261/mo cash flow after a $661/mo obligation. Total monthly income equals $1,072/mo, and annual cash flow totals $3,136/yr on $44,753 invested. Return on cash invested prints 26.92% in year one, and rental yield reads 9.53% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 140.27% and total cumulative return in cash sums $62,773. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,072/mo property income covering a $661/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47850, Farmersburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,079 (100%) |
| Owner Occupied HU | 811 (75.2%) |
| Renter Occupied HU | 164 (15.2%) |
| Vacant Housing Units | 104 ( 9.6%) |
| Median Home Value | $122,969 |
| Average Home Value | $165,136 |
Housing Distribution
Address Breakdown
Residential
627
Single Family
627
Multi-Family
0
Businesses
50
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Listed by: HERB GAUER • REMAX R.E.A.
Mls Name: THAAR
Mls ID: #107915