37 Rural StAustinIN47102
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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 Austin at 37 Rural St, Austin, IN, 47102 generates $1,239/mo in rent and, after a $783/mo payment, leaves $279/mo in cash flow. Total monthly income is $1,239/mo, and annual cash flow is $3,344/yr on $53,040 invested. Return on cash invested sits at 26.21% in year one, and rental yield is 9.29% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 136.43% and total cumulative return in cash sums $72,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,239/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
9,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47102, Austin, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 1,881 (59.9%) |
| Renter Occupied HU | 992 (31.6%) |
| Vacant Housing Units | 268 ( 8.5%) |
| Median Home Value | $160,398 |
| Average Home Value | $189,765 |
Housing Distribution
Address Breakdown
Residential
2,824
Single Family
2,824
Multi-Family
0
Businesses
121
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