320 E Plum StLindenIN47955
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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 Linden at 320 E Plum St, Linden, IN, 47955 with 5% annual appreciation on a $175,000 basis while $1,655/mo rent supports operations. Total monthly income totals $1,655/mo and a $857/mo payment preserves $549/mo for cash returns. Annual cash flow comes to $6,583/yr on $58,013 deployed, and return on cash invested reaches 31.26% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 11.35%. Five-year ROI measures 163.9% and total cumulative return in cash totals $95,083.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,655/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47955, Linden, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 322 (75.2%) |
| Renter Occupied HU | 80 (18.7%) |
| Vacant Housing Units | 26 ( 6.1%) |
| Median Home Value | $194,853 |
| Average Home Value | $237,601 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
318
Multi-Family
0
Businesses
29
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Listed by: Elizabeth Hobbs • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515775
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.