53 Tulip Tree TrailNorth VernonIN47265
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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 North Vernon at 53 Tulip Tree Trail, North Vernon, IN, 47265 uses $56,355 cash to close to unlock $3,699/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $1,357/mo, and a $832/mo payment keeps the spread at $308/mo. Purchase price stands at $169,999, and rental yield measures 9.58% with $1,357/mo rent. Return on cash invested shows 26.47% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 138.08% and total cumulative return in cash records $77,817. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,357/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 2024
8,398 sqft lot
$N/A/sqft
$340 annually 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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Listed by: David Branham • KGF Realty, LLC
Mls Name: SIRA
Mls Provider:
Mls ID: #202506990
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.