319 Blue RivKnightstownIN46148
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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 Knightstown at 319 Blue Riv, Knightstown, IN, 46148 priced at $314,900 converts $1,918/mo rent into after a $1,541/mo obligation. Total monthly income equals $1,918/mo. Return on cash invested prints 17.89% in year one, and rental yield reads 7.31% against a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation compiles into $87,001 by year five. Five-year ROI reaches 92.59% and total cumulative return in cash sums $96,658. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,918/mo property income covering a $1,541/mo payment, not borrower’s personal income.
Townhouse
Built in 2022
7,405 sqft lot
$N/A/sqft
$204 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46148, Knightstown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,206 (100%) |
| Owner Occupied HU | 1,559 (70.7%) |
| Renter Occupied HU | 458 (20.8%) |
| Vacant Housing Units | 189 ( 8.6%) |
| Median Home Value | $233,295 |
| Average Home Value | $261,750 |
Housing Distribution
Address Breakdown
Residential
2,056
Single Family
1,995
Multi-Family
61
Businesses
185
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Listed by: Susan Falck-Neal • ERA Integrity Real Estate
Mls Name: RLMS
Mls Provider:
Mls ID: #10040685
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.