415 Posey Hill StRoanokeIN46783
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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
Investment property for sale in Roanoke at 415 Posey Hill St, Roanoke, IN, 46783 earns $307/mo cash flow from $1,597/mo rent with a $1,052/mo payment. Total monthly income totals $1,597/mo, and annual cash flow totals $3,681/yr on $71,273 capital. ROI tracks 25.07% on current figures, and rental yield reads 8.91% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 130.32% and total cumulative return in cash sums $92,881. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,597/mo property income instead of your personal income.
Single Family
Built in 1936
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46783, Roanoke, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,612 (84.2%) |
| Renter Occupied HU | 312 (10.1%) |
| Vacant Housing Units | 179 ( 5.8%) |
| Median Home Value | $312,289 |
| Average Home Value | $349,443 |
Housing Distribution
Address Breakdown
Residential
2,841
Single Family
2,806
Multi-Family
35
Businesses
220
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