523 W Indiana AveEatonIN47338
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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 Eaton at 523 W Indiana Ave, Eaton, IN, 47338 listed at $164,900 pairs $1,721/mo rent with a $807/mo payment to leave $731/mo cash flow. Total monthly income runs $1,721/mo, and annual cash flow reaches $8,775/yr on $54,664 cash to close. Return on cash invested measures 35.96% in year one, and rental yield registers 12.52% at a $164,900 basis. Equity gained on principal adds $1,064/yr, and annual property appreciation at 5% supports $45,559 by year five. Five-year ROI tracks 188.75% and total cumulative return in cash totals $103,180. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,721/mo property income relative to a $807/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47338, Eaton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,199 (100%) |
| Owner Occupied HU | 864 (72.1%) |
| Renter Occupied HU | 179 (14.9%) |
| Vacant Housing Units | 156 (13.0%) |
| Median Home Value | $153,500 |
| Average Home Value | $187,891 |
Housing Distribution
Address Breakdown
Residential
904
Single Family
904
Multi-Family
0
Businesses
49
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