4000 W Prather RdEllettsvilleIN47429
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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 Ellettsville at 4000 W Prather Rd, Ellettsville, IN, 47429 offers a 3.59% rental yield on a $1,100,000 purchase with $3,295/mo rent. 27% in year one. Equity gained on principal adds $7,098/yr while 5% annual appreciation supports $303,910 over five years. Portfolio math shows five-year ROI at 40.4% and total cumulative return in cash at $143,983. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,295/mo property income against a $5,384/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47429, Ellettsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,306 (100%) |
| Owner Occupied HU | 2,560 (77.4%) |
| Renter Occupied HU | 615 (18.6%) |
| Vacant Housing Units | 131 ( 4.0%) |
| Median Home Value | $281,209 |
| Average Home Value | $306,251 |
Housing Distribution
Address Breakdown
Residential
3,359
Single Family
3,286
Multi-Family
73
Businesses
162
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Listed by: Cody Coffey • United Country Coffey Realty & Auction
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511826
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.