403 S Walnut StRising SunIN47040
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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 Rising Sun at 403 S Walnut St, Rising Sun, IN, 47040 priced at $119,600 pairs $1,626/mo rent with $811/mo cash flow after a $585/mo payment. Total monthly income equals $1,626/mo, and annual cash flow comes to $9,736/yr on $39,647 invested. Return on cash invested is 44.47% in year one, and rental yield stands at 16.31% on a $119,600 basis. Equity gained on principal adds $772/yr, and 5% annual appreciation accumulates to $33,043 by year five. Five-year ROI measures 235.45% and total cumulative return in cash reaches $93,350. For financing, Ziffy Mortgage’s DSCR program evaluates $1,626/mo property income against a $585/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1944
10,640 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47040, Rising Sun, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,432 (100%) |
| Owner Occupied HU | 1,598 (65.7%) |
| Renter Occupied HU | 576 (23.7%) |
| Vacant Housing Units | 258 (10.6%) |
| Median Home Value | $199,459 |
| Average Home Value | $255,566 |
Housing Distribution
Address Breakdown
Residential
2,305
Single Family
2,135
Multi-Family
170
Businesses
126
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Listed by: N/A • N/A
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