3916 W Old Mill RdCrawfordsvilleIN47933
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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 Crawfordsville at 3916 W Old Mill Rd, Crawfordsville, IN, 47933 listed at $239,000 pairs $1,440/mo rent with a $1,170/mo payment to leave $5/mo cash flow. Total monthly income runs $1,440/mo, and annual cash flow reaches $61/yr on $79,229 cash to close. Return on cash invested measures 19.99% in year one, and rental yield registers 7.23% at a $239,000 basis. Equity gained on principal adds $1,542/yr, and annual property appreciation at 5% supports $66,031 by year five. Five-year ROI tracks 103.07% and total cumulative return in cash totals $81,660. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $1,170/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47933, Crawfordsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,504 (100%) |
| Owner Occupied HU | 8,390 (67.1%) |
| Renter Occupied HU | 3,256 (26.0%) |
| Vacant Housing Units | 858 ( 6.9%) |
| Median Home Value | $205,895 |
| Average Home Value | $235,208 |
Housing Distribution
Address Breakdown
Residential
11,876
Single Family
11,241
Multi-Family
635
Businesses
1,018
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Listed by: Andy Waggoner • Ferris Property Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22048469