412 W Park DrEdinburghIN46124
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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
Rental property for sale in Edinburgh at 412 W Park Dr, Edinburgh, IN, 46124 priced at $259,995 converts $1,930/mo rent into $369/mo cash flow after a $1,273/mo obligation. Total monthly income equals $1,930/mo, and annual cash flow totals $4,426/yr on $86,188 invested. Return on cash invested prints 25.04% in year one, and rental yield reads 8.91% against a $259,995 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,832 by year five. Five-year ROI reaches 130.14% and total cumulative return in cash sums $112,168. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,930/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46124, Edinburgh, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,510 (100%) |
| Owner Occupied HU | 2,403 (68.5%) |
| Renter Occupied HU | 880 (25.1%) |
| Vacant Housing Units | 227 ( 6.5%) |
| Median Home Value | $189,610 |
| Average Home Value | $271,478 |
Housing Distribution
Address Breakdown
Residential
3,131
Single Family
2,950
Multi-Family
181
Businesses
334
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