475 E 900 NLindenIN47955
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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 Linden at 475 E 900 N, Linden, IN, 47955 offers a 9.61% rental yield on a $361,000 purchase with $2,892/mo rent. Total monthly income registers $2,892/mo, and a $1,767/mo payment leaves $725/mo available for distribution. Annual cash flow reaches $8,699/yr on $119,672 to close, and return on cash invested stands at 27.18% in year one. Equity gained on principal adds $2,329/yr while 5% annual appreciation supports $99,738 over five years. Portfolio math shows five-year ROI at 141.57% and total cumulative return in cash at $169,415. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,892/mo property income against a $1,767/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
3.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47955, Linden, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 322 (75.2%) |
| Renter Occupied HU | 80 (18.7%) |
| Vacant Housing Units | 26 ( 6.1%) |
| Median Home Value | $194,853 |
| Average Home Value | $237,601 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
318
Multi-Family
0
Businesses
29
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Listed by: Ashley Kirk • The Real Estate Agency
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517276
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.