4833 N Shiloh Church RdPatokaIN47666
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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 Patoka at 4833 N Shiloh Church Rd, Patoka, IN, 47666 generates $1,276/mo in rent, after a $1,419/mo payment. Total monthly income is $1,276/mo. Return on cash invested sits at 14.11% in year one, and rental yield is 5.28% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 71.52% and total cumulative return in cash sums $68,733. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,276/mo property income rather than buyer’s personal income.
Single Family
Built in 1876
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47666, Patoka, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 540 (77.1%) |
| Renter Occupied HU | 59 ( 8.4%) |
| Vacant Housing Units | 101 (14.4%) |
| Median Home Value | $225,385 |
| Average Home Value | $268,352 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
515
Multi-Family
0
Businesses
24
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