501 S Grace AveCrawfordsvilleIN47933
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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 Crawfordsville at 501 S Grace Ave, Crawfordsville, IN, 47933 with 5% annual appreciation on a $169,000 basis while $1,139/mo rent supports operations. Total monthly income totals $1,139/mo and a $827/mo payment preserves $125/mo for cash returns. Annual cash flow comes to $1,496/yr on $56,024 deployed, and return on cash invested reaches 22.58% in year one. Equity gained on principal adds $1,091/yr, and five-year appreciation sums $46,692 alongside rental yield of 8.09%. Five-year ROI measures 116.94% and total cumulative return in cash totals $65,515.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,139/mo property income versus a $827/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47933, Crawfordsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,504 (100%) |
| Owner Occupied HU | 8,390 (67.1%) |
| Renter Occupied HU | 3,256 (26.0%) |
| Vacant Housing Units | 858 ( 6.9%) |
| Median Home Value | $205,895 |
| Average Home Value | $235,208 |
Housing Distribution
Address Breakdown
Residential
11,876
Single Family
11,241
Multi-Family
635
Businesses
1,018
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Listed by: Daniel Bergfors • F.C. Tucker West Central
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22080604