521 Ashland St, Brownstown, IN, 47220 | $270/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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521 Ashland St, Brownstown, IN, 47220 | $270/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Brownstown at 521 Ashland St, Brownstown, IN, 47220 priced at $179,500 converts $1,348/mo rent into $270/mo cash flow after a $879/mo obligation. Total monthly income equals $1,348/mo, and annual cash flow totals $3,241/yr on $59,504 invested. Return on cash invested prints 25.36% in year one, and rental yield reads 9.01% against a $179,500 entry. Equity gained on principal adds $1,158/yr, while 5% annual appreciation compiles into $49,593 by year five. Five-year ROI reaches 131.9% and total cumulative return in cash sums $78,484. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,348/mo property income covering a $879/mo payment, not borrower’s personal income.

Single Family

Built in 1958

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled at 521 Ashland ST, BROWNSTOWN, IN, this single-family residence offers a unique opportunity to establish roots in a welcoming Indiana setting. This property presents a canvas ready to capture your imagination and reflect your personal style. Imagine creating culinary masterpieces in the heart of your home, with 1341 square feet of living space providing ample room to experiment with new recipes and host memorable gatherings. The residence features three bedrooms, offering versatile spaces that can easily transform into guest rooms, home offices, or peaceful retreats for rest and rejuvenation. Outside, the expansive 11325 square foot lot presents endless possibilities for outdoor living, providing a generous space for gardening, recreation, or simply enjoying the tranquility of the surrounding area. The single full bathroom offers a functional space to refresh and prepare for the day. Built in 1958, this one-story home offers a unique charm. Original Hardwood Floors, a Full Basement and an Attached 3 Car Garage are some nice amenities at this price point. This BROWNSTOWN property is a chance to craft a life filled with comfort, convenience, and cherished moments.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47220, Brownstown, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,330 (100%)
Owner Occupied HU	1,642 (70.5%)
Renter Occupied HU	520 (22.3%)
Vacant Housing Units	168 ( 7.2%)
Median Home Value	$207,143
Average Home Value	$257,322