399 W Harrison StHagerstownIN47346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hagerstown at 399 W Harrison St, Hagerstown, IN, 47346 at $104,900 posts ROI 26.84% with $201/mo cash flow from $830/mo rent. Total monthly income equals $830/mo, and annual cash flow records $2,409/yr on $34,774 to close. Return on cash invested measures 26.84% and rental yield reads 9.49% at the current $104,900. Equity gained on principal adds $677/yr, and 5% annual appreciation supports $28,982 by year five. Five-year ROI prints 139.74% and total cumulative return in cash totals $48,594.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $830/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1933
6,185 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47346, Hagerstown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,634 (100%) |
| Owner Occupied HU | 1,247 (76.3%) |
| Renter Occupied HU | 282 (17.3%) |
| Vacant Housing Units | 105 ( 6.4%) |
| Median Home Value | $229,688 |
| Average Home Value | $242,149 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,549
Multi-Family
27
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susie Bond • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls ID: #10052371