415 E Main St, Decker, IN, 47524 | $203/mo Cash Flow

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415 E Main St, Decker, IN, 47524 | $203/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 Decker at 415 E Main St, Decker, IN, 47524 offers a 9.16% rental yield on a $125,000 purchase with $954/mo rent. Total monthly income registers $954/mo, and a $612/mo payment leaves $203/mo available for distribution. Annual cash flow reaches $2,442/yr on $41,438 to close, and return on cash invested stands at 25.8% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 134.27% and total cumulative return in cash at $55,637. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $954/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1964

0.70 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this well-maintained 3 bedroom, 1 bath home sitting on a spacious 0.7-acre lot surrounded by open fields the perfect blend of peaceful country living and small-town charm. Inside, youll find a beautifully updated kitchen with newer cabinetry and plenty of counter space, ideal for cooking and entertaining. Major updates include a 10-year-old roof, 1-year-old furnace and A/C, and a 4-year-old water heater, giving you peace of mind for years to come. Outside, youll love the large 3-car detached garage offering ample room for vehicles, storage, or hobbies, plus an additional shed for extra space. Enjoy morning coffee or evening sunsets from the covered back patio, or relax on the front porch and take in the quiet views of rural Indiana right from your doorstep. Offered at $125,000, this property delivers great value, space, and comfort all just a short drive from Vincennes.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47524, Decker, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	244 (100%)
Owner Occupied HU	169 (69.3%)
Renter Occupied HU	28 (11.5%)
Vacant Housing Units	47 (19.3%)
Median Home Value	$257,917
Average Home Value	$245,207