3605 S County Road 700 E, Dupont, IN, 47231 | Equity Gain $1,484/yr

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3605 S County Road 700 E, Dupont, IN, 47231 | Equity Gain $1,484/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Dupont at 3605 S County Road 700 E, Dupont, IN, 47231 listed at $229,900 pairs $0/mo rent with a $1,125/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.82% in year one, and rental yield registers 0% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1894

18.68 Acres lot

$N/A/sqft

No HOA

More details about the property

Peace and tranquility await in this quiet neighborhood on 18.68+ mostly wooded acres! Enjoy mushroom hunting, as well as deer and other creatures abounding on the property. The 1.5 story home built in 1894, is being sold AS IS, with 1120 square feet of very livable space, that includes 3 bedrooms and 1 1/5 baths. Spend evenings tinkering in the 38' x 24' pole barn garage with lean-to or just have lots of additional storage. Working well for your fresh spring water. Fiber internet is already run there, as well as an underground fence for your dogs! Additional buildings on site include a small storage shed, chicken coop, well house, and boiler sheds. There are significant foundation issues in the crawl space needing repaired. Even if you plan to build your new home on the property, this will make the perfect place to live while it's being built! The possibilities await, so don't delay scheduling your tour of the property!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47231, Dupont, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	428 (100%)
Owner Occupied HU	328 (76.6%)
Renter Occupied HU	58 (13.6%)
Vacant Housing Units	42 ( 9.8%)
Median Home Value	$263,636
Average Home Value	$232,691