48 Picadilly CtBrownsburgIN46112
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 Brownsburg at 48 Picadilly Ct, Brownsburg, IN, 46112 uses $77,903 cash to close to unlock $6,186/yr annual cash flow and $516/mo monthly cash flow. Total monthly income runs $1,926/mo, and a $1,150/mo payment keeps the spread at $516/mo. Purchase price stands at $235,000, and rental yield measures 9.83% with $1,926/mo rent. Return on cash invested shows 27.85% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 145.19% and total cumulative return in cash records $113,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,926/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1974
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46112, Brownsburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,870 (100%) |
| Owner Occupied HU | 13,977 (78.2%) |
| Renter Occupied HU | 3,408 (19.1%) |
| Vacant Housing Units | 485 ( 2.7%) |
| Median Home Value | $321,702 |
| Average Home Value | $356,401 |
Housing Distribution
Address Breakdown
Residential
16,923
Single Family
16,235
Multi-Family
688
Businesses
1,083
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Don Steinmetz • IPRES, INC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22077553