5685 E Tulip TrlKnoxIN46534
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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 Knox at 5685 E Tulip Trl, Knox, IN, 46534 uses $33,150 cash to close to unlock $6,314/yr annual cash flow and $526/mo monthly cash flow. Total monthly income runs $1,126/mo, and a $489/mo payment keeps the spread at $526/mo. Purchase price stands at $100,000, and rental yield measures 13.51% with $1,126/mo rent. Return on cash invested shows 38.96% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 204.83% and total cumulative return in cash records $67,900. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,126/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1957
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46534, Knox, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,643 (100%) |
| Owner Occupied HU | 3,568 (63.2%) |
| Renter Occupied HU | 906 (16.1%) |
| Vacant Housing Units | 1,169 (20.7%) |
| Median Home Value | $184,604 |
| Average Home Value | $238,561 |
Housing Distribution
Address Breakdown
Residential
5,029
Single Family
4,940
Multi-Family
89
Businesses
335
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Listed by: Kimberly Sut • Listing Leaders Executive Real Estate Group, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514008
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.