453 S Scotty DrBrownstownIN47220
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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 Brownstown at 453 S Scotty Dr, Brownstown, IN, 47220 priced at $204,500 pairs $0/mo rent with after a $1,001/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.82% in year one, and rental yield stands at 0% on a $204,500 basis. Equity gained on principal adds $1,320/yr, and 5% annual appreciation accumulates to $56,500 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,001/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47220, Brownstown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,330 (100%) |
| Owner Occupied HU | 1,642 (70.5%) |
| Renter Occupied HU | 520 (22.3%) |
| Vacant Housing Units | 168 ( 7.2%) |
| Median Home Value | $207,143 |
| Average Home Value | $257,322 |
Housing Distribution
Address Breakdown
Residential
2,285
Single Family
2,261
Multi-Family
24
Businesses
210
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Norma Childers • CNP Realty & Property Management
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22064317