458 Longview TerNorth VernonIN47265
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 North Vernon at 458 Longview Ter, North Vernon, IN, 47265 earns $937/mo cash flow from $1,777/mo rent with a $685/mo payment. Total monthly income totals $1,777/mo, and annual cash flow totals $11,243/yr on $46,377 capital. ROI tracks 44.15% on current figures, and rental yield reads 15.24% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 232.6% and total cumulative return in cash sums $107,871. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,777/mo property income instead of your personal income.
Single Family
Built in 1943
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47265, North Vernon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,430 (100%) |
| Owner Occupied HU | 5,736 (68.0%) |
| Renter Occupied HU | 1,939 (23.0%) |
| Vacant Housing Units | 755 ( 9.0%) |
| Median Home Value | $172,770 |
| Average Home Value | $218,044 |
Housing Distribution
Address Breakdown
Residential
8,087
Single Family
7,915
Multi-Family
172
Businesses
506
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Nearby investment properties with comparable prices
Listed by: Beth Terry • Coldwell Banker Martin Miller Lamb
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22043407
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-17 22:37:46 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)