307 Blue River DrKnightstownIN46148
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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
Investment property for sale in Knightstown at 307 Blue River Dr, Knightstown, IN, 46148 listed at $482,000 pairs $2,252/mo rent with a $2,359/mo payment. Total monthly income runs $2,252/mo. Return on cash invested measures 15.09% in year one, and rental yield registers 5.61% at a $482,000 basis. Equity gained on principal adds $3,110/yr, and annual property appreciation at 5% supports $133,168 by year five. Five-year ROI tracks 76.77% and total cumulative return in cash totals $122,660. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,252/mo property income relative to a $2,359/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2024
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46148, Knightstown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,206 (100%) |
| Owner Occupied HU | 1,559 (70.7%) |
| Renter Occupied HU | 458 (20.8%) |
| Vacant Housing Units | 189 ( 8.6%) |
| Median Home Value | $233,295 |
| Average Home Value | $261,750 |
Housing Distribution
Address Breakdown
Residential
2,056
Single Family
1,995
Multi-Family
61
Businesses
185
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Listed by: Beth Carr • RE/MAX Integrity Real Estate
Mls Name: RLMS
Mls Provider:
Mls ID: #10051118
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.