3619 N State Road 13PiercetonIN46562
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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
Total monthly income runs $0/mo, and a $1,219/mo payment. Purchase price stands at $249,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -1.82% in year one, and 5% annual appreciation builds toward $68,794 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1964
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46562, Pierceton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,003 (100%) |
| Owner Occupied HU | 1,411 (70.4%) |
| Renter Occupied HU | 315 (15.7%) |
| Vacant Housing Units | 277 (13.8%) |
| Median Home Value | $253,507 |
| Average Home Value | $290,512 |
Housing Distribution
Address Breakdown
Residential
1,844
Single Family
1,844
Multi-Family
0
Businesses
116
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