518 N Forest AveBrazilIN47834
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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 Brazil at 518 N Forest Ave, Brazil, IN, 47834 listed at $130,700 pairs $1,502/mo rent with a $640/mo payment to leave $717/mo cash flow. Total monthly income runs $1,502/mo, and annual cash flow reaches $8,606/yr on $43,327 cash to close. Return on cash invested measures 39.77% in year one, and rental yield registers 13.79% at a $130,700 basis. Equity gained on principal adds $843/yr, and annual property appreciation at 5% supports $36,110 by year five. Five-year ROI tracks 209.23% and total cumulative return in cash totals $90,655. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,502/mo property income relative to a $640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1927
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47834, Brazil, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,746 (100%) |
| Owner Occupied HU | 5,776 (66.0%) |
| Renter Occupied HU | 2,223 (25.4%) |
| Vacant Housing Units | 747 ( 8.5%) |
| Median Home Value | $159,172 |
| Average Home Value | $202,262 |
Housing Distribution
Address Breakdown
Residential
8,154
Single Family
7,759
Multi-Family
395
Businesses
537
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