520 Harrison StTroyIN47588
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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 Troy at 520 Harrison St, Troy, IN, 47588 offers a 13.14% rental yield on a $124,900 purchase with $1,368/mo rent. Total monthly income registers $1,368/mo, and a $611/mo payment leaves $619/mo available for distribution. Annual cash flow reaches $7,423/yr on $41,404 to close, and return on cash invested stands at 37.84% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 198.78% and total cumulative return in cash at $82,306. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,368/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47588, Troy, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 190 (100%) |
| Owner Occupied HU | 139 (73.2%) |
| Renter Occupied HU | 21 (11.1%) |
| Vacant Housing Units | 30 (15.8%) |
| Median Home Value | $220,192 |
| Average Home Value | $233,957 |
Housing Distribution
Address Breakdown
Residential
110
Single Family
110
Multi-Family
0
Businesses
24
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