406 Crest Way, Henryville, IN, 47126 | $356/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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406 Crest Way, Henryville, IN, 47126 | $356/mo Cash Flow | 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 Henryville at 406 Crest Way, Henryville, IN, 47126 listed at $354,900 pairs $2,486/mo rent with a $1,737/mo payment to leave $356/mo cash flow. Total monthly income runs $2,486/mo, and annual cash flow reaches $4,268/yr on $117,649 cash to close. Return on cash invested measures 23.54% in year one, and rental yield registers 8.41% at a $354,900 basis. Equity gained on principal adds $2,290/yr, and annual property appreciation at 5% supports $98,052 by year five. Five-year ROI tracks 122.05% and total cumulative return in cash totals $143,596. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,486/mo property income relative to a $1,737/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2003

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Lots of bang for your buck here. Beautiful and well-maintained ranch home on a dead end street. Take a look at this 3 bedroom 3 bath home that provides immediate possession. Quick access to interstate 65 within two minutes and 20 minutes north of Louisville, Kentucky. Great curb appeal as soon as you drive up to your two car garage, with a covered patio leading into your new home. Once inside, a nice foyer area with coat closet and two guest bedrooms and bath await. Make your way into the expansive living room with vaulted ceilings and connection to the eat-in kitchen. Speaking of the kitchen, all newer appliances included, lots of counter space, island peninsula, great cabinet space, with pantry just off the laundry utility room. The living room also features a covered/enclosed seasonal room that is fully glassed in. Next stop is the owner suite featuring lots of natural light and access to the seasonal room and a full walk-in shower and walk-in closet. There is a full finished basement ready to entertain or use for a multitude of reasons. Full bathroom in the basement, large full concrete storage room, tornado shelter or gun safe room if need be, and an unfinished area for storage. Take a look outside, lots of mature landscaping and a private deck with trellis perfect for summer nights and enjoying your coffee. An amazing area in Henryville with great views and the property also qualifies for 100% USDA financing to those who qualify. Call today to see this great home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47126, Henryville, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,957 (100%)
Owner Occupied HU	1,553 (79.4%)
Renter Occupied HU	309 (15.8%)
Vacant Housing Units	95 ( 4.9%)
Median Home Value	$306,376
Average Home Value	$325,679