4535 S 1200 WParker CityIN47368
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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 Parker City at 4535 S 1200 W, Parker City, IN, 47368 offers a 5.16% rental yield on a $300,000 purchase with $1,290/mo rent. 75% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 69.57% and total cumulative return in cash at $69,192. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,290/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1896
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47368, Parker City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,166 (100%) |
| Owner Occupied HU | 853 (73.2%) |
| Renter Occupied HU | 203 (17.4%) |
| Vacant Housing Units | 110 ( 9.4%) |
| Median Home Value | $157,992 |
| Average Home Value | $187,752 |
Housing Distribution
Address Breakdown
Residential
893
Single Family
893
Multi-Family
0
Businesses
48
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Listed by: Shaun Hayes • Berkshire Hathaway Home Services
Mls Name: RLMS
Mls ID: #10051851