403 S Bethany RdCrothersvilleIN47229
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
Rental property for sale in Crothersville at 403 S Bethany Rd, Crothersville, IN, 47229 offers $1,778/mo rent that, after a $969/mo payment, leaves $590/mo cash flow. Total monthly income is $1,778/mo, and annual cash flow is $7,075/yr on $65,637 cash. Return on cash invested measures 30.69% in year one, and rental yield stands at 10.78% at a $198,000 entry. Equity gained on principal adds $1,278/yr while 5% annual appreciation compounds into $54,704 by year five. Five-year ROI records 160.42% and total cumulative return in cash reaches $105,292. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,778/mo property income versus a $969/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47229, Crothersville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,329 (100%) |
| Owner Occupied HU | 981 (73.8%) |
| Renter Occupied HU | 249 (18.7%) |
| Vacant Housing Units | 99 ( 7.4%) |
| Median Home Value | $206,437 |
| Average Home Value | $232,108 |
Housing Distribution
Address Breakdown
Residential
1,338
Single Family
1,307
Multi-Family
31
Businesses
78
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A