5475 County Road 1600 WSandbornIN47578
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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 Sandborn at 5475 County Road 1600 W, Sandborn, IN, 47578 earns from $1,148/mo rent with a $2,129/mo payment. Total monthly income totals $1,148/mo. ROI tracks 7.73% on current figures, and rental yield reads 3.17% at a $435,000 purchase. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 over five years. Five-year ROI reaches 37.3% and total cumulative return in cash sums $53,784. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,148/mo property income instead of your personal income.
Single Family
Built in 2010
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47578, Sandborn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 320 (100%) |
| Owner Occupied HU | 222 (69.4%) |
| Renter Occupied HU | 45 (14.1%) |
| Vacant Housing Units | 53 (16.6%) |
| Median Home Value | $173,810 |
| Average Home Value | $174,133 |
Housing Distribution
Address Breakdown
Residential
194
Single Family
194
Multi-Family
0
Businesses
10
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Listed by: Mary Beth Jerrells • Key Associates of Linton
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439280
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.