3395 State Route 44MartinsvilleIN46151
Nearby investment properties with comparable rents
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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 Martinsville at 3395 State Route 44, Martinsville, IN, 46151 generates $3,109/mo in rent, after a $3,288/mo payment. Total monthly income is $3,109/mo. Return on cash invested sits at 15.05% in year one, and rental yield is 5.55% on a $671,800 entry. Equity gained on principal adds $4,335/yr, while 5% annual appreciation builds toward $185,606 over five years. Five-year ROI reaches 76.49% and total cumulative return in cash sums $169,062. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,109/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
12.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46151, Martinsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,840 (100%) |
| Owner Occupied HU | 10,004 (72.3%) |
| Renter Occupied HU | 2,981 (21.5%) |
| Vacant Housing Units | 855 ( 6.2%) |
| Median Home Value | $262,165 |
| Average Home Value | $300,956 |
Housing Distribution
Address Breakdown
Residential
13,100
Single Family
12,777
Multi-Family
323
Businesses
747
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
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