4053 S Village Row, New Palestine, IN, 46163 | 5.6% Rental Yield

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4053 S Village Row, New Palestine, IN, 46163 | 5.6% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Palestine at 4053 S Village Row, New Palestine, IN, 46163 earns from $2,262/mo rent with a $2,374/mo payment. Total monthly income totals $2,262/mo. ROI tracks 15.06% on current figures, and rental yield reads 5.6% at a $485,000 purchase. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 over five years. Five-year ROI reaches 76.61% and total cumulative return in cash sums $123,170. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,262/mo property income instead of your personal income.

Single Family

Built in 1998

1.04 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained home on 1.04 acres in the desirable Schildmeier Village neighborhood of New Palestne. Located in the highly rated Southern Hancock County School District, this 3 Bedroom, 2.5 bath home offers comfortable single level living with thoughtful updates throughout. Inside, you will find new LVP flooring, two fireplaces and a functional single level layout. The kitchen features granite counters,stainless steel appliances and an excellent prep and storage space. Two living areas offer flexibility for entertaining or relaxing in front of a cozy fire. A screened in porch extends your living space outdoors, perfect for enjoying coffee, reading or relaxing in the shade. The adjoining deck,ideal for summer cookouts or simply enjoying the peace and privacy of the acre lot. If you've been searching for a home with space, comfort and a true sense of community, this home delivers.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46163, New Palestine, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,670 (100%)
Owner Occupied HU	4,772 (84.2%)
Renter Occupied HU	714 (12.6%)
Vacant Housing Units	184 ( 3.2%)
Median Home Value	$330,678
Average Home Value	$356,738