4637 S 700 WOwensvilleIN47665
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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 Owensville at 4637 S 700 W, Owensville, IN, 47665 offers a 1.67% rental yield on a $970,000 purchase with $1,350/mo rent. 24% in year one. Equity gained on principal adds $6,259/yr while 5% annual appreciation supports $267,993 over five years. Portfolio math shows five-year ROI at 13.17% and total cumulative return in cash at $42,029. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,350/mo property income against a $4,748/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1902
100 Acres lot
$N/A/sqft
No HOA
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Listed by: Kelly Bolhofner • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202435574
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