4175 Whitetail DrWest HarrisonIN47060
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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 West Harrison at 4175 Whitetail Dr, West Harrison, IN, 47060 priced at $499,900 converts $2,572/mo rent into after a $2,447/mo obligation. Total monthly income equals $2,572/mo. Return on cash invested prints 16.8% in year one, and rental yield reads 6.17% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 85.93% and total cumulative return in cash sums $142,392. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,572/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 2005
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47060, West Harrison, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,947 (100%) |
| Owner Occupied HU | 2,442 (82.9%) |
| Renter Occupied HU | 375 (12.7%) |
| Vacant Housing Units | 130 ( 4.4%) |
| Median Home Value | $316,798 |
| Average Home Value | $332,482 |
Housing Distribution
Address Breakdown
Residential
2,955
Single Family
2,897
Multi-Family
58
Businesses
113
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Listed by: Amber N. Rouse • Lohmiller Real Estate
Mls Name: SEIBR
Mls ID: #206700