323 N Odell StBrownsburgIN46112
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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 Brownsburg at 323 N Odell St, Brownsburg, IN, 46112 priced at $359,000 pairs $2,366/mo rent with $211/mo cash flow after a $1,757/mo payment. Total monthly income equals $2,366/mo, and annual cash flow comes to $2,533/yr on $119,009 invested. Return on cash invested is 22.04% in year one, and rental yield stands at 7.91% on a $359,000 basis. Equity gained on principal adds $2,317/yr, and 5% annual appreciation accumulates to $99,185 by year five. Five-year ROI measures 114.05% and total cumulative return in cash reaches $135,727. For financing, Ziffy Mortgage’s DSCR program evaluates $2,366/mo property income against a $1,757/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46112, Brownsburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,870 (100%) |
| Owner Occupied HU | 13,977 (78.2%) |
| Renter Occupied HU | 3,408 (19.1%) |
| Vacant Housing Units | 485 ( 2.7%) |
| Median Home Value | $321,702 |
| Average Home Value | $356,401 |
Housing Distribution
Address Breakdown
Residential
16,923
Single Family
16,235
Multi-Family
688
Businesses
1,083
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Listed by: Rachael Phillips • In-Site Real Estate Services
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22079814