312 W Green StButlerIN46721
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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 Butler at 312 W Green St, Butler, IN, 46721 uses $62,654 cash to close to unlock $3,006/yr annual cash flow and $251/mo monthly cash flow. Total monthly income runs $1,385/mo, and a $925/mo payment keeps the spread at $251/mo. Purchase price stands at $189,000, and rental yield measures 8.79% with $1,385/mo rent. Return on cash invested shows 24.71% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 128.36% and total cumulative return in cash records $80,422. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,385/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 1965
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46721, Butler, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,020 (100%) |
| Owner Occupied HU | 1,438 (71.2%) |
| Renter Occupied HU | 465 (23.0%) |
| Vacant Housing Units | 117 ( 5.8%) |
| Median Home Value | $187,209 |
| Average Home Value | $231,507 |
Housing Distribution
Address Breakdown
Residential
1,931
Single Family
1,928
Multi-Family
3
Businesses
117
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