3520 S 500 EBringhurstIN46913
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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 Bringhurst at 3520 S 500 E, Bringhurst, IN, 46913 earns $502/mo cash flow from $3,503/mo rent with a $2,447/mo payment. Total monthly income totals $3,503/mo, and annual cash flow totals $6,023/yr on $165,717 capital. ROI tracks 23.54% on current figures, and rental yield reads 8.41% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 122.09% and total cumulative return in cash sums $202,320. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,503/mo property income instead of your personal income.
Single Family
Built in 1938
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46913, Bringhurst, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 560 (100%) |
| Owner Occupied HU | 466 (83.2%) |
| Renter Occupied HU | 48 ( 8.6%) |
| Vacant Housing Units | 46 ( 8.2%) |
| Median Home Value | $212,037 |
| Average Home Value | $290,542 |
Housing Distribution
Address Breakdown
Residential
552
Single Family
552
Multi-Family
0
Businesses
9
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Listed by: Spencer Childers • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520355
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.