404 Hawthorn DrCrawfordsvilleIN47933
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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 404 Hawthorn Dr, Crawfordsville, IN, 47933 uses $101,108 cash to close to unlock $8,016/yr annual cash flow and $668/mo monthly cash flow. Total monthly income runs $2,512/mo, and a $1,493/mo payment keeps the spread at $668/mo. Purchase price stands at $305,000, and rental yield measures 9.88% with $2,512/mo rent. Return on cash invested shows 27.84% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 145.16% and total cumulative return in cash records $146,770. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,512/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1984
0.30 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: Doug Pillow • Hive Realty Group, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517126
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.