3167 N Happy Hollow Rd, Eckerty, IN, 47116 | Equity Gain $1,774/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3167 N Happy Hollow Rd, Eckerty, IN, 47116 | Equity Gain $1,774/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Eckerty at 3167 N Happy Hollow Rd, Eckerty, IN, 47116 offers a 0% rental yield on a $274,900 purchase with $0/mo rent. 81% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,950 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1990

1.27 Acres lot

$N/A/sqft

No HOA

More details about the property

Here is your opportunity to own a cabin near Patoka Lake! You will love the cozy feeling of the living room with vaulted ceiling and stone fireplace. Relax on the front or back porch and enjoy the sounds of nature. This property also has a large, 2-car detached garage with a studio apartment with full bathroom above it! This is an amazing opportunity for people interested in having short term-rentals because you can rent the cabin and the detached garage separately. This getaway also has a gazebo and firepit for gathering with friends. But wait - there's more! This property also comes with a separate .523 acre adjacent lot that is part of Shamrock Hideaway and has legal access to Shamrock Lane and public sewer is available for that lot! Just stroll up the hill on the lane to the right of the gazebo to see this great lot!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47116, Eckerty, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	625 (100%)
Owner Occupied HU	327 (52.3%)
Renter Occupied HU	61 ( 9.8%)
Vacant Housing Units	237 (37.9%)
Median Home Value	$118,929
Average Home Value	$146,361