512 E 4th StBrookstonIN47923
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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 Brookston at 512 E 4th St, Brookston, IN, 47923 uses $91,163 cash to close to unlock $3,531/yr annual cash flow and $294/mo monthly cash flow. Total monthly income runs $1,945/mo, and a $1,346/mo payment keeps the spread at $294/mo. Purchase price stands at $275,000, and rental yield measures 8.49% with $1,945/mo rent. Return on cash invested shows 23.78% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 123.4% and total cumulative return in cash records $112,499. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,945/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1984
10,759 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47923, Brookston, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,603 (100%) |
| Owner Occupied HU | 1,204 (75.1%) |
| Renter Occupied HU | 249 (15.5%) |
| Vacant Housing Units | 150 ( 9.4%) |
| Median Home Value | $215,726 |
| Average Home Value | $239,797 |
Housing Distribution
Address Breakdown
Residential
1,449
Single Family
1,449
Multi-Family
0
Businesses
72
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