372 E North DrMilfordIN46542
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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 Milford at 372 E North Dr, Milford, IN, 46542 with 5% annual appreciation on a $200,000 basis while $1,437/mo rent supports operations. Total monthly income totals $1,437/mo and a $979/mo payment preserves $236/mo for cash returns. Annual cash flow comes to $2,836/yr on $66,300 deployed, and return on cash invested reaches 24.19% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 8.62%. Five-year ROI measures 125.57% and total cumulative return in cash totals $83,252.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,437/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46542, Milford, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,809 (100%) |
| Owner Occupied HU | 1,401 (77.4%) |
| Renter Occupied HU | 284 (15.7%) |
| Vacant Housing Units | 124 ( 6.9%) |
| Median Home Value | $269,483 |
| Average Home Value | $330,842 |
Housing Distribution
Address Breakdown
Residential
1,603
Single Family
1,603
Multi-Family
0
Businesses
96
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