3247 N Hurricane Hls, Paragon, IN, 46166 | Equity Gain $1,678/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3247 N Hurricane Hls, Paragon, IN, 46166 | Equity Gain $1,678/yr | 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 Paragon at 3247 N Hurricane Hls, Paragon, IN, 46166 generates $0/mo in rent, after a $1,273/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.83% in year one, and rental yield is 0% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.

Manufactured

Built in 1995

5 Acres lot

$N/A/sqft

No HOA

More details about the property

Tucked away in peaceful country setting, this freshly updated home on 5 acres offers the perfect blend of comfort, privacy, and outdoor adventure. Step inside to an open and inviting layout where new finishes shine throughout. The spacious living room flows seamlessly into a large kitchen featuring an island bar, ample cabinetry, and a walk-in pantry-ideal for both everyday living and entertaining. The split floor plan includes a private primary suite with a generous bathroom, offering a quiet retreat at the end of the day. Out back, the 4-car garage is a true standout-complete with a mechanics bay, climate-controlled office, and room for all your tools, toys, and weekend projects. Enjoy peaceful mornings and evenings on the back porch while watching deer and other wildlife wander through the property-trail cam photos included! Whether you're an avid hunter, hobbyist, or simply seeking space to breathe, this country retreat is ready to welcome you home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46166, Paragon, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	976 (100%)
Owner Occupied HU	751 (76.9%)
Renter Occupied HU	158 (16.2%)
Vacant Housing Units	67 ( 6.9%)
Median Home Value	$222,679
Average Home Value	$236,441