5495 E Us Highway 52MorristownIN46161
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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 Morristown at 5495 E Us Highway 52, Morristown, IN, 46161 offers a 0% rental yield on a $359,900 purchase with $0/mo rent. 83% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46161, Morristown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,042 (100%) |
| Owner Occupied HU | 724 (69.5%) |
| Renter Occupied HU | 229 (22.0%) |
| Vacant Housing Units | 89 ( 8.5%) |
| Median Home Value | $191,016 |
| Average Home Value | $211,274 |
Housing Distribution
Address Breakdown
Residential
650
Single Family
650
Multi-Family
0
Businesses
87
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Michelle Collings • RE/MAX Realty Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22080554