500 Benham StCrothersvilleIN47229
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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 Crothersville at 500 Benham St, Crothersville, IN, 47229 listed at $204,300 pairs $1,117/mo rent with a $1,000/mo payment. Total monthly income runs $1,117/mo. Return on cash invested measures 17.97% in year one, and rental yield registers 6.56% at a $204,300 basis. Equity gained on principal adds $1,318/yr, and annual property appreciation at 5% supports $56,444 by year five. Five-year ROI tracks 92.23% and total cumulative return in cash totals $62,462. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,117/mo property income relative to a $1,000/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1973
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47229, Crothersville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,329 (100%) |
| Owner Occupied HU | 981 (73.8%) |
| Renter Occupied HU | 249 (18.7%) |
| Vacant Housing Units | 99 ( 7.4%) |
| Median Home Value | $206,437 |
| Average Home Value | $232,108 |
Housing Distribution
Address Breakdown
Residential
1,338
Single Family
1,307
Multi-Family
31
Businesses
78
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Listed by: N/A • N/A
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