3115 S 350th Rd EKnoxIN46534
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Knox at 3115 S 350th Rd E, Knox, IN, 46534 listed at $269,000 pairs $1,310/mo rent with a $1,317/mo payment. Total monthly income runs $1,310/mo. Return on cash invested measures 15.8% in year one, and rental yield registers 5.84% at a $269,000 basis. Equity gained on principal adds $1,736/yr, and annual property appreciation at 5% supports $74,320 by year five. Five-year ROI tracks 80.57% and total cumulative return in cash totals $71,843. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,310/mo property income relative to a $1,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1975
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46534, Knox, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,643 (100%) |
| Owner Occupied HU | 3,568 (63.2%) |
| Renter Occupied HU | 906 (16.1%) |
| Vacant Housing Units | 1,169 (20.7%) |
| Median Home Value | $184,604 |
| Average Home Value | $238,561 |
Housing Distribution
Address Breakdown
Residential
5,029
Single Family
4,940
Multi-Family
89
Businesses
335
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wade McGee • COLLINS and CO. REALTORS - CULVER
Mls Name: IRMLS
Mls Provider:
Mls ID: #202413359
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.