338 E State Road 124, Bluffton, IN, 46714 | 1.86% Rental Yield

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

Total monthly income runs $696/mo, and a $2,203/mo payment. Purchase price stands at $449,995, and rental yield measures 1.86% with $696/mo rent. Return on cash invested shows 3.77% in year one, and 5% annual appreciation builds toward $124,325 over five years. Five-year ROI reaches 16.1% and total cumulative return in cash records $24,016. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $696/mo property income covering a $2,203/mo payment rather than investor’s personal income.

Single Family

Built in 1900

7.95 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46714, Bluffton, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,868 (100%)
Owner Occupied HU	4,405 (64.1%)
Renter Occupied HU	1,952 (28.4%)
Vacant Housing Units	511 ( 7.4%)
Median Home Value	$192,431
Average Home Value	$229,887