559 Cedar LnBatesvilleIN47006
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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 Batesville at 559 Cedar Ln, Batesville, IN, 47006 generates $2,093/mo in rent and, after a $1,444/mo payment, leaves $322/mo in cash flow. Total monthly income is $2,093/mo, and annual cash flow is $3,864/yr on $97,793 invested. Return on cash invested sits at 23.86% in year one, and rental yield is 8.51% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 123.84% and total cumulative return in cash sums $121,106. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,093/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
10,628 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47006, Batesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 3,772 (71.4%) |
| Renter Occupied HU | 1,261 (23.9%) |
| Vacant Housing Units | 250 ( 4.7%) |
| Median Home Value | $269,014 |
| Average Home Value | $294,852 |
Housing Distribution
Address Breakdown
Residential
5,121
Single Family
4,800
Multi-Family
321
Businesses
445
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Listed by: Gary Brandenburg • Lohmiller Real Estate
Mls Name: SEIBR
Mls ID: #204902
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.