5303 E Bootjack RdRolling PrairieIN46371
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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 Rolling Prairie at 5303 E Bootjack Rd, Rolling Prairie, IN, 46371 with 5% annual appreciation on a $340,000 basis while $2,195/mo rent supports operations. Total monthly income totals $2,195/mo and a $1,664/mo payment preserves $154/mo for cash returns. Annual cash flow comes to $1,850/yr on $112,710 deployed, and return on cash invested reaches 21.55% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 7.75%. Five-year ROI measures 111.43% and total cumulative return in cash totals $125,598.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,195/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1850
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46371, Rolling Prairie, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,628 (100%) |
| Owner Occupied HU | 1,287 (79.1%) |
| Renter Occupied HU | 127 ( 7.8%) |
| Vacant Housing Units | 214 (13.1%) |
| Median Home Value | $291,705 |
| Average Home Value | $332,247 |
Housing Distribution
Address Breakdown
Residential
1,373
Single Family
1,373
Multi-Family
0
Businesses
73
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Listed by: Sherry L Ritter-Banic • Banic Real Estate & Appraisal
Mls Name: IRMLS
Mls ID: #202600058