4815 W County Road 700 NMulberryIN46058
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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
Rental property for sale in Mulberry at 4815 W County Road 700 N, Mulberry, IN, 46058 generates $2,206/mo in rent, after a $1,957/mo payment. Total monthly income is $2,206/mo. Return on cash invested sits at 18.15% in year one, and rental yield is 6.62% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 93.16% and total cumulative return in cash sums $123,500. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,206/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
3.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46058, Mulberry, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 900 (100%) |
| Owner Occupied HU | 669 (74.3%) |
| Renter Occupied HU | 139 (15.4%) |
| Vacant Housing Units | 92 (10.2%) |
| Median Home Value | $241,164 |
| Average Home Value | $344,062 |
Housing Distribution
Address Breakdown
Residential
517
Single Family
489
Multi-Family
28
Businesses
34
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Listed by: Tamara Sandefur • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510028
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.