323 Ranger Ln, Dale, IN, 47523 | 5.64% Rental Yield

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323 Ranger Ln, Dale, IN, 47523 | 5.64% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Dale at 323 Ranger Ln, Dale, IN, 47523 generates $1,080/mo in rent, after a $1,125/mo payment. Total monthly income is $1,080/mo. Return on cash invested sits at 15.19% in year one, and rental yield is 5.64% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 77.33% and total cumulative return in cash sums $58,931. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.

Single Family

Built in 2024

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautiful newly constructed home at 323 Ranger Ln in Dale, Indiana, completed in July 2024 and perfectly situated at the end of a quiet cul-de-sac. This inviting 3-bedroom, 2-bathroom home offers 1,365 square feet of thoughtfully designed living space with a desirable split-bedroom floor plan that provides both comfort and privacy. Each bedroom features a spacious walk-in closet, while the large primary suite includes an oversized en-suite bathroom for your personal retreat. The kitchen is designed for both style and function, offering a pantry and easy flow into the dining and living areas, and a large utility room adds everyday convenience. Outside, enjoy a fully fenced backyard complete with a 10x12 shed, ideal for storage or hobbies, and a two-car attached garage. The location is hard to beat with quick access to Highway 231 and I-64, making commutes to Owensboro, Evansville, Jasper, and Louisville easy, plus youre just 10 minutes from Santa Claus and Holiday World and 10 minutes from Lincoln Boyhood State Park and National Memorial, offering the perfect balance of peaceful living and nearby entertainment and recreation.