312 N Central AveMiltonIN47357
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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 Milton at 312 N Central Ave, Milton, IN, 47357 at $116,500 posts ROI 25.59% with $183/mo cash flow from $882/mo rent. Total monthly income equals $882/mo, and annual cash flow records $2,195/yr on $38,620 to close. Return on cash invested measures 25.59% and rental yield reads 9.08% at the current $116,500. Equity gained on principal adds $752/yr, and 5% annual appreciation supports $32,187 by year five. Five-year ROI prints 133.08% and total cumulative return in cash totals $51,396.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $882/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47357, Milton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 496 (100%) |
| Owner Occupied HU | 347 (70.0%) |
| Renter Occupied HU | 69 (13.9%) |
| Vacant Housing Units | 80 (16.1%) |
| Median Home Value | $197,379 |
| Average Home Value | $247,205 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
12
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