4465 S 1000 WMillersburgIN46543
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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
Total monthly income runs $2,395/mo, and a $2,080/mo payment. Purchase price stands at $425,000, and rental yield measures 6.76% with $2,395/mo rent. Return on cash invested shows 18.58% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 95.46% and total cumulative return in cash records $134,489. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,395/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1988
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46543, Millersburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 1,038 (83.6%) |
| Renter Occupied HU | 152 (12.2%) |
| Vacant Housing Units | 52 ( 4.2%) |
| Median Home Value | $328,090 |
| Average Home Value | $426,869 |
Housing Distribution
Address Breakdown
Residential
964
Single Family
964
Multi-Family
0
Businesses
69
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Listed by: Richard Carpenter • Bright Star Real Estate Services LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513652
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.