318 N Concord RdCrawfordsvilleIN47933
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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
Rental property for sale in Crawfordsville at 318 N Concord Rd, Crawfordsville, IN, 47933 priced at $234,900 pairs $1,126/mo rent with after a $1,150/mo payment. Total monthly income equals $1,126/mo. Return on cash invested is 15.53% in year one, and rental yield stands at 5.75% on a $234,900 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,899 by year five. Five-year ROI measures 79.1% and total cumulative return in cash reaches $61,593. For financing, Ziffy Mortgage’s DSCR program evaluates $1,126/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47933, Crawfordsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,504 (100%) |
| Owner Occupied HU | 8,390 (67.1%) |
| Renter Occupied HU | 3,256 (26.0%) |
| Vacant Housing Units | 858 ( 6.9%) |
| Median Home Value | $205,895 |
| Average Home Value | $235,208 |
Housing Distribution
Address Breakdown
Residential
11,876
Single Family
11,241
Multi-Family
635
Businesses
1,018
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Listed by: Tamara Sandefur • F.C. Tucker/Shook
Mls Name: IRMLS
Mls ID: #202543668