5395 S Brookville PikeWest College CornerIN47003
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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
Rental property for sale in West College Corner at 5395 S Brookville Pike, West College Corner, IN, 47003 generates $2,212/mo in rent and, after a $1,150/mo payment, leaves $802/mo in cash flow. Total monthly income is $2,212/mo, and annual cash flow is $9,620/yr on $77,869 invested. Return on cash invested sits at 32.26% in year one, and rental yield is 11.3% on a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 168.85% and total cumulative return in cash sums $131,481. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,212/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47003, West College Corner, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 381 (100%) |
| Owner Occupied HU | 213 (55.9%) |
| Renter Occupied HU | 129 (33.9%) |
| Vacant Housing Units | 39 (10.2%) |
| Median Home Value | $186,058 |
| Average Home Value | $199,660 |
Housing Distribution
Address Breakdown
Residential
276
Single Family
244
Multi-Family
32
Businesses
17
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Listed by: Derek Callahan • Coldwell Banker Lingle
Mls Name: RLMS
Mls ID: #10052646