3401 Mitten RdBowling GreenIN47833
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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
Investment property for sale in Bowling Green at 3401 Mitten Rd, Bowling Green, IN, 47833 listed at $489,000 pairs $2,698/mo rent with a $2,393/mo payment. Total monthly income runs $2,698/mo. Return on cash invested measures 18.15% in year one, and rental yield registers 6.62% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 93.21% and total cumulative return in cash totals $151,090. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,698/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47833, Bowling Green, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 544 (100%) |
| Owner Occupied HU | 405 (74.4%) |
| Renter Occupied HU | 76 (14.0%) |
| Vacant Housing Units | 63 (11.6%) |
| Median Home Value | $192,788 |
| Average Home Value | $254,660 |
Housing Distribution
Address Breakdown
Residential
453
Single Family
453
Multi-Family
0
Businesses
16
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Listed by: Peg Finzel • CENTURY 21 ELITE
Mls Name: THAAR
Mls Provider:
Mls ID: #106467
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Terre Haute Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2025-05-30 07:26:20 PDT