307 S 5th St, Holland, IN, 47541 | Equity Gain $1,063/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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307 S 5th St, Holland, IN, 47541 | Equity Gain $1,063/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Holland at 307 S 5th St, Holland, IN, 47541 listed at $164,700 pairs $0/mo rent with a $806/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.82% in year one, and rental yield registers 0% at a $164,700 basis. Equity gained on principal adds $1,063/yr, and annual property appreciation at 5% supports $45,504 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1952

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Searching for a home that is easy on the budget? This 3 bedroom, 2 bath home may be the one for you! Located on a corner lot in Holland, IN. The main level features a living room, eat-in kitchen, full bath and 2 bedrooms. Per Sellers, there is hardwood floor under some of the carpets on the main level. The upstairs features a third bedroom and a landing, perfect for additional storage or an office space. Venture downstairs to find a second kitchen, a second bathroom, family room, laundry room and two additional flex rooms. The enclosed patio is a nice added touch. It is not currently heated or cooled, but could be an additional entertaining space. There is plenty of parking available with the attached two car garage and driveway.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47541, Holland, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	515 (100%)
Owner Occupied HU	405 (78.6%)
Renter Occupied HU	74 (14.4%)
Vacant Housing Units	36 ( 7.0%)
Median Home Value	$265,278
Average Home Value	$303,691