39 S Main StRosedaleIN47874
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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 Rosedale at 39 S Main St, Rosedale, IN, 47874 offers $1,603/mo rent that, after a $629/mo payment, leaves $832/mo cash flow. Total monthly income is $1,603/mo, and annual cash flow is $9,979/yr on $42,598 cash. Return on cash invested measures 43.34% in year one, and rental yield stands at 14.97% at a $128,500 entry. Equity gained on principal adds $829/yr while 5% annual appreciation compounds into $35,502 by year five. Five-year ROI records 228.24% and total cumulative return in cash reaches $97,224. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,603/mo property income versus a $629/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47874, Rosedale, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,586 (100%) |
| Owner Occupied HU | 1,185 (74.7%) |
| Renter Occupied HU | 210 (13.2%) |
| Vacant Housing Units | 191 (12.0%) |
| Median Home Value | $162,399 |
| Average Home Value | $176,063 |
Housing Distribution
Address Breakdown
Residential
1,297
Single Family
1,285
Multi-Family
12
Businesses
43
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