351 Baker StCromwellIN46732
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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 Cromwell at 351 Baker St, Cromwell, IN, 46732 at $137,000 posts ROI 25.55% with $214/mo cash flow from $1,062/mo rent. Total monthly income equals $1,062/mo, and annual cash flow records $2,563/yr on $45,416 to close. Return on cash invested measures 25.55% and rental yield reads 9.3% at the current $137,000. Equity gained on principal adds $884/yr, and 5% annual appreciation supports $37,851 by year five. Five-year ROI prints 133.15% and total cumulative return in cash totals $60,472.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,062/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46732, Cromwell, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 828 (60.8%) |
| Renter Occupied HU | 313 (23.0%) |
| Vacant Housing Units | 221 (16.2%) |
| Median Home Value | $197,222 |
| Average Home Value | $259,263 |
Housing Distribution
Address Breakdown
Residential
1,098
Single Family
1,098
Multi-Family
0
Businesses
49
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Listed by: Glenda Laughlin • Bright Star Real Estate Services LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520405
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.