415 Elm St, Butler, IN, 46721 | 6.65% Rental Yield

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 Butler at 415 Elm St, Butler, IN, 46721 offers a 6.65% rental yield on a $159,900 purchase with $886/mo rent. 23% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 93.6% and total cumulative return in cash at $49,614. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $886/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

7,840 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46721, Butler, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,020 (100%)
Owner Occupied HU	1,438 (71.2%)
Renter Occupied HU	465 (23.0%)
Vacant Housing Units	117 ( 5.8%)
Median Home Value	$187,209
Average Home Value	$231,507