5135 W 300 SRussiavilleIN46979
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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 Russiaville at 5135 W 300 S, Russiaville, IN, 46979 uses $96,102 cash to close to unlock $2,228/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $1,926/mo, and a $1,419/mo payment keeps the spread at $186/mo. Purchase price stands at $289,900, and rental yield measures 7.97% with $1,926/mo rent. Return on cash invested shows 22.23% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 115.02% and total cumulative return in cash records $110,541. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,926/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1965
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46979, Russiaville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,924 (100%) |
| Owner Occupied HU | 1,623 (84.4%) |
| Renter Occupied HU | 190 ( 9.9%) |
| Vacant Housing Units | 111 ( 5.8%) |
| Median Home Value | $231,271 |
| Average Home Value | $270,051 |
Housing Distribution
Address Breakdown
Residential
1,860
Single Family
1,860
Multi-Family
0
Businesses
75
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Listed by: Karen Gardner • The Hardie Group
Mls Name: IRMLS
Mls ID: #202600506