3140 Railroad Avenue NECrandallIN47114
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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
Total monthly income runs $1,056/mo, and a $978/mo payment. Purchase price stands at $199,900, and rental yield measures 6.34% with $1,056/mo rent. Return on cash invested shows 17.31% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 88.7% and total cumulative return in cash records $58,777. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,056/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1950
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47114, Crandall, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 219 (100%) |
| Owner Occupied HU | 170 (77.6%) |
| Renter Occupied HU | 24 (11.0%) |
| Vacant Housing Units | 25 (11.4%) |
| Median Home Value | $267,143 |
| Average Home Value | $276,294 |
Housing Distribution
Address Breakdown
Residential
161
Single Family
161
Multi-Family
0
Businesses
6
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