5500 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
Rental property for sale in Rising Sun at 5500 Pleasant Ridge Rd, Rising Sun, IN, 47040 generates $1,768/mo in rent and, after a $1,238/mo payment, leaves $250/mo in cash flow. Total monthly income is $1,768/mo, and annual cash flow is $2,995/yr on $83,870 invested. Return on cash invested sits at 23.48% in year one, and rental yield is 8.39% on a $253,000 entry. Equity gained on principal adds $1,633/yr, while 5% annual appreciation builds toward $69,899 over five years. Five-year ROI reaches 121.77% and total cumulative return in cash sums $102,124. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,768/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
3.03 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: Blake Haag • Keller Williams Realty Service
Mls Name: SEIBR
Mls ID: #205531