3575 S State Road 29BurlingtonIN46915
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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
Rental property for sale in Burlington at 3575 S State Road 29, Burlington, IN, 46915 generates $2,555/mo in rent and, after a $1,084/mo payment, leaves $1,226/mo in cash flow. Total monthly income is $2,555/mo, and annual cash flow is $14,706/yr on $73,427 invested. Return on cash invested sits at 39.94% in year one, and rental yield is 13.84% on a $221,500 entry. Equity gained on principal adds $1,429/yr, while 5% annual appreciation builds toward $61,196 over five years. Five-year ROI reaches 210.02% and total cumulative return in cash sums $154,214. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,555/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
1.33 Acres lot
$N/A/sqft
No HOA
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Listed by: Joe Martino • Martino Realty & Auctioneers - Monticello
Mls Name: IRMLS
Mls Provider:
Mls ID: #202529997
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