52 W Poplar StNorth VernonIN47265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Vernon at 52 W Poplar St, North Vernon, IN, 47265 at $109,900 posts ROI 26.67% with $205/mo cash flow from $865/mo rent. Total monthly income equals $865/mo, and annual cash flow records $2,462/yr on $36,432 to close. Return on cash invested measures 26.67% and rental yield reads 9.44% at the current $109,900. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 by year five. Five-year ROI prints 138.98% and total cumulative return in cash totals $50,632.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $865/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1868
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47265, North Vernon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,430 (100%) |
| Owner Occupied HU | 5,736 (68.0%) |
| Renter Occupied HU | 1,939 (23.0%) |
| Vacant Housing Units | 755 ( 9.0%) |
| Median Home Value | $172,770 |
| Average Home Value | $218,044 |
Housing Distribution
Address Breakdown
Residential
8,087
Single Family
7,915
Multi-Family
172
Businesses
506
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Nearby investment properties with comparable prices
Listed by: Rachel Smith • Keller Williams River Town Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22075720