3559 E 900 SStar CityIN46985
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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 Star City at 3559 E 900 S, Star City, IN, 46985 uses $84,533 cash to close to unlock $2,920/yr annual cash flow and $243/mo monthly cash flow. Total monthly income runs $1,774/mo, and a $1,248/mo payment keeps the spread at $243/mo. Purchase price stands at $255,000, and rental yield measures 8.35% with $1,774/mo rent. Return on cash invested shows 23.36% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 121.16% and total cumulative return in cash records $102,416. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,774/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1980
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46985, Star City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 634 (100%) |
| Owner Occupied HU | 470 (74.1%) |
| Renter Occupied HU | 90 (14.2%) |
| Vacant Housing Units | 74 (11.7%) |
| Median Home Value | $150,000 |
| Average Home Value | $160,617 |
Housing Distribution
Address Breakdown
Residential
531
Single Family
531
Multi-Family
0
Businesses
18
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