474 Chestnut St, Switz City, IN, 47465 | 6.95% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,622/mo, and a $1,370/mo payment. Purchase price stands at $280,000, and rental yield measures 6.95% with $1,622/mo rent. Return on cash invested shows 19.15% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 98.56% and total cumulative return in cash records $91,485. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,622/mo property income covering a $1,370/mo payment rather than investor’s personal income.

Single Family

Built in 1928

0.40 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 47465, Switz City, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	282 (100%)
Owner Occupied HU	195 (69.1%)
Renter Occupied HU	53 (18.8%)
Vacant Housing Units	34 (12.1%)
Median Home Value	$152,964
Average Home Value	$129,744