314 E Walnut StCrothersvilleIN47229
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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 Crothersville at 314 E Walnut St, Crothersville, IN, 47229 with 5% annual appreciation on a $167,900 basis while $1,578/mo rent supports operations. Total monthly income totals $1,578/mo and a $822/mo payment preserves $570/mo for cash returns. Annual cash flow comes to $6,839/yr on $55,659 deployed, and return on cash invested reaches 32.2% in year one. Equity gained on principal adds $1,083/yr, and five-year appreciation sums $46,388 alongside rental yield of 11.28%. Five-year ROI measures 168.49% and total cumulative return in cash totals $93,778.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,578/mo property income versus a $822/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1943
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47229, Crothersville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,329 (100%) |
| Owner Occupied HU | 981 (73.8%) |
| Renter Occupied HU | 249 (18.7%) |
| Vacant Housing Units | 99 ( 7.4%) |
| Median Home Value | $206,437 |
| Average Home Value | $232,108 |
Housing Distribution
Address Breakdown
Residential
1,338
Single Family
1,307
Multi-Family
31
Businesses
78
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Listed by: Jennifer Hilton • Millman Realty Partners, Inc.
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22055596