4204 N 1350 EBurnettsvilleIN47926
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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 Burnettsville at 4204 N 1350 E, Burnettsville, IN, 47926 uses $61,294 cash to close to unlock $5,809/yr annual cash flow and $484/mo monthly cash flow. Total monthly income runs $1,594/mo, and a $905/mo payment keeps the spread at $484/mo. Purchase price stands at $184,900, and rental yield measures 10.35% with $1,594/mo rent. Return on cash invested shows 29.39% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 153.5% and total cumulative return in cash records $94,087. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,594/mo property income covering a $905/mo payment rather than investor’s personal income.
Manufactured
Built in 1978
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47926, Burnettsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 424 (100%) |
| Owner Occupied HU | 327 (77.1%) |
| Renter Occupied HU | 65 (15.3%) |
| Vacant Housing Units | 32 ( 7.5%) |
| Median Home Value | $154,107 |
| Average Home Value | $175,543 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
22
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Listed by: Joe Martino • Martino Realty & Auctioneers - Monticello
Mls Name: IRMLS
Mls ID: #202600909