508 Curtis StCrawfordsvilleIN47933
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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 Crawfordsville at 508 Curtis St, Crawfordsville, IN, 47933 offers $1,672/mo rent that, after a $881/mo payment, leaves $522/mo cash flow. Total monthly income is $1,672/mo, and annual cash flow is $6,261/yr on $59,670 cash. Return on cash invested measures 30.4% in year one, and rental yield stands at 11.15% at a $180,000 entry. Equity gained on principal adds $1,162/yr while 5% annual appreciation compounds into $49,731 by year five. Five-year ROI records 159.4% and total cumulative return in cash reaches $95,117. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,672/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.46 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: Heather Roth • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202427742
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.