420 N Leavitt StBrazilIN47834
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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 Brazil at 420 N Leavitt St, Brazil, IN, 47834 priced at $122,000 converts $929/mo rent into $197/mo cash flow after a $597/mo obligation. Total monthly income equals $929/mo, and annual cash flow totals $2,361/yr on $40,443 invested. Return on cash invested prints 25.75% in year one, and rental yield reads 9.14% against a $122,000 entry. Equity gained on principal adds $787/yr, while 5% annual appreciation compiles into $33,706 by year five. Five-year ROI reaches 133.93% and total cumulative return in cash sums $54,167. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $929/mo property income covering a $597/mo payment, not borrower’s personal income.
Single Family
Built in 1900
3,706 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47834, Brazil, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,746 (100%) |
| Owner Occupied HU | 5,776 (66.0%) |
| Renter Occupied HU | 2,223 (25.4%) |
| Vacant Housing Units | 747 ( 8.5%) |
| Median Home Value | $159,172 |
| Average Home Value | $202,262 |
Housing Distribution
Address Breakdown
Residential
8,154
Single Family
7,759
Multi-Family
395
Businesses
537
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