5424 Pleasant Ridge RdRising SunIN47040
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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
Total monthly income runs $3,062/mo, and a $2,785/mo payment. Purchase price stands at $569,000, and rental yield measures 6.46% with $3,062/mo rent. Return on cash invested shows 17.79% in year one, and 5% annual appreciation builds toward $157,204 over five years. Five-year ROI reaches 91.23% and total cumulative return in cash records $170,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,062/mo property income covering a $2,785/mo payment rather than investor’s personal income.
Single Family
Built in 2018
52.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47040, Rising Sun, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,432 (100%) |
| Owner Occupied HU | 1,598 (65.7%) |
| Renter Occupied HU | 576 (23.7%) |
| Vacant Housing Units | 258 (10.6%) |
| Median Home Value | $199,459 |
| Average Home Value | $255,566 |
Housing Distribution
Address Breakdown
Residential
2,305
Single Family
2,135
Multi-Family
170
Businesses
126
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Listed by: Noah Haring • Lohmiller Real Estate
Mls Name: SEIBR
Mls ID: #205840