3485 N Patoka Downs LaneTaswellIN47175
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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 Taswell at 3485 N Patoka Downs Lane, Taswell, IN, 47175 listed at $249,000 pairs $1,699/mo rent with a $1,219/mo payment to leave $143/mo cash flow. Total monthly income runs $1,699/mo, and annual cash flow reaches $1,711/yr on $82,544 cash to close. Return on cash invested measures 21.98% in year one, and rental yield registers 8.19% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 114.06% and total cumulative return in cash totals $94,148. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,699/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
1.05 Acres lot
$N/A/sqft
No HOA
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Listed by: Nathan Soliday • Streamline Real Estate, LLC
Mls Name: SIRA
Mls Provider:
Mls ID: #2024011063
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.