5154 E County Road 200 NMichigantownIN46057
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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 Michigantown at 5154 E County Road 200 N, Michigantown, IN, 46057 earns $286/mo cash flow from $1,642/mo rent with a $1,106/mo payment. Total monthly income totals $1,642/mo, and annual cash flow totals $3,427/yr on $74,886 capital. ROI tracks 24.49% on current figures, and rental yield reads 8.72% at a $225,900 purchase. Equity gained on principal adds $1,458/yr, and 5% annual appreciation supports $62,412 over five years. Five-year ROI reaches 127.16% and total cumulative return in cash sums $95,223. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,642/mo property income instead of your personal income.
Manufactured
Built in 1995
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46057, Michigantown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 447 (100%) |
| Owner Occupied HU | 299 (66.9%) |
| Renter Occupied HU | 91 (20.4%) |
| Vacant Housing Units | 57 (12.8%) |
| Median Home Value | $247,159 |
| Average Home Value | $254,448 |
Housing Distribution
Address Breakdown
Residential
251
Single Family
251
Multi-Family
0
Businesses
33
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Listed by: Julie K Knight • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls ID: #202525337