3175 E Lovers LaneScottsburgIN47170
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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 Scottsburg at 3175 E Lovers Lane, Scottsburg, IN, 47170 at $119,900 posts ROI 25.59% with $188/mo cash flow from $908/mo rent. Total monthly income equals $908/mo, and annual cash flow records $2,257/yr on $39,747 to close. Return on cash invested measures 25.59% and rental yield reads 9.09% at the current $119,900. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 by year five. Five-year ROI prints 133.2% and total cumulative return in cash totals $52,944.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $908/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1990
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47170, Scottsburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,833 (100%) |
| Owner Occupied HU | 4,256 (62.3%) |
| Renter Occupied HU | 1,960 (28.7%) |
| Vacant Housing Units | 617 ( 9.0%) |
| Median Home Value | $185,872 |
| Average Home Value | $216,799 |
Housing Distribution
Address Breakdown
Residential
6,473
Single Family
6,313
Multi-Family
160
Businesses
537
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Listed by: Emily Terry • Kovener & Associates Real Esta
Mls Name: SIRA
Mls Provider:
Mls ID: #202506572
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.