510 W West StMedaryvilleIN47957
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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 Medaryville at 510 W West St, Medaryville, IN, 47957 at $160,000 posts ROI 30.33% with $461/mo cash flow from $1,421/mo rent. Total monthly income equals $1,421/mo, and annual cash flow records $5,528/yr on $53,040 to close. Return on cash invested measures 30.33% and rental yield reads 10.66% at the current $160,000. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 by year five. Five-year ROI prints 158.51% and total cumulative return in cash totals $84,074.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,421/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47957, Medaryville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 527 (69.3%) |
| Renter Occupied HU | 135 (17.8%) |
| Vacant Housing Units | 98 (12.9%) |
| Median Home Value | $134,647 |
| Average Home Value | $164,696 |
Housing Distribution
Address Breakdown
Residential
516
Single Family
516
Multi-Family
0
Businesses
24
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Listed by: Mathew Lucas • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521478
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.