513 Brown StEdinburghIN46124
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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 Edinburgh at 513 Brown St, Edinburgh, IN, 46124 offers a 11.29% rental yield on a $214,700 purchase with $2,020/mo rent. Total monthly income registers $2,020/mo, and a $1,051/mo payment leaves $731/mo available for distribution. Annual cash flow reaches $8,772/yr on $71,173 to close, and return on cash invested stands at 32.23% in year one. Equity gained on principal adds $1,385/yr while 5% annual appreciation supports $59,318 over five years. Portfolio math shows five-year ROI at 168.78% and total cumulative return in cash at $120,123. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,020/mo property income against a $1,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
4,181 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46124, Edinburgh, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,510 (100%) |
| Owner Occupied HU | 2,403 (68.5%) |
| Renter Occupied HU | 880 (25.1%) |
| Vacant Housing Units | 227 ( 6.5%) |
| Median Home Value | $189,610 |
| Average Home Value | $271,478 |
Housing Distribution
Address Breakdown
Residential
3,131
Single Family
2,950
Multi-Family
181
Businesses
334
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