3683 N State Road 161RichlandIN47634
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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 Richland at 3683 N State Road 161, Richland, IN, 47634 earns from $1,423/mo rent with a $1,272/mo payment. Total monthly income totals $1,423/mo. ROI tracks 18% on current figures, and rental yield reads 6.57% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 92.35% and total cumulative return in cash sums $79,570. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,423/mo property income instead of your personal income.
Single Family
Built in 1989
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47634, Richland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 975 (100%) |
| Owner Occupied HU | 783 (80.3%) |
| Renter Occupied HU | 96 ( 9.8%) |
| Vacant Housing Units | 96 ( 9.8%) |
| Median Home Value | $204,752 |
| Average Home Value | $231,360 |
Housing Distribution
Address Breakdown
Residential
945
Single Family
945
Multi-Family
0
Businesses
27
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