4288 E County Road 50 NCenterpointIN47840
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Centerpoint at 4288 E County Road 50 N, Centerpoint, IN, 47840 earns from $1,429/mo rent with a $2,105/mo payment. Total monthly income totals $1,429/mo. ROI tracks 10.21% on current figures, and rental yield reads 3.99% at a $430,000 purchase. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 over five years. Five-year ROI reaches 50.58% and total cumulative return in cash sums $72,099. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,429/mo property income instead of your personal income.
Single Family
Built in 2023
9.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47840, Centerpoint, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 662 (100%) |
| Owner Occupied HU | 504 (76.1%) |
| Renter Occupied HU | 92 (13.9%) |
| Vacant Housing Units | 66 ( 10.0%) |
| Median Home Value | $199,219 |
| Average Home Value | $255,640 |
Housing Distribution
Address Breakdown
Residential
592
Single Family
592
Multi-Family
0
Businesses
31
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Listed by: CALEB EMRICK • MOSSY OAK PROPERTIES INDIANA LAND AND LIFESTYLE
Mls Name: THAAR
Mls ID: #107875