589 Linden Dr, Austin, IN, 47102 | $60/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

589 Linden Dr, Austin, IN, 47102 | $60/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1200 sft

358 Oak St, Austin, IN, 47102

3 Bed
2 Bath
1350 sft

161 S 5th St, Austin, IN, 47102

3 Bed
2 Bath
1100 sft

351 S Oak Street, Austin, IN, 47102

3 Bed
2 Bath
1232 sft

571 Mann Ave, Austin, IN, 47102

Nearby investment properties with comparable prices

3 Bed
1 Bath
1792 sft

6916 N Pumpkin Center East Rd, Scottsburg, IN, 47170

4 Bed
3 Bath
1844 sft

106 Macon Ave, Salem, IN, 47167

3 Bed
3 Bath
2700 sft

1110 N Locust St, Salem, IN, 47167

3 Bed
3 Bath
2569 sft

102 E Eastern Hills Boulevard, Salem, IN, 47167

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Austin at 589 Linden Dr, Austin, IN, 47102 uses $96,135 cash to close to unlock $715/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $1,419/mo payment keeps the spread at $60/mo. Purchase price stands at $290,000, and rental yield measures 7.45% with $1,800/mo rent. Return on cash invested shows 20.65% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 106.6% and total cumulative return in cash records $102,484. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $1,419/mo payment rather than investor’s personal income.

Single Family

Built in 2004

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

Solid all brick 3 bedroom 2.5 bath home on .45 acres with easy access to I-65 and Hwy 31. Constructed in 2004, this home was built to last and has been well maintained with many extras including an oversized kitchen, formal dining room, two main level bedrooms with ensuite bathrooms and a third bedroom upstairs that offers flexibility to be used as a media room, home office, craft room or play room. Outside, there is room to play and expand. Enjoy the deck and above ground pool or watch the sunset from the covered front porch. The wide driveway offers ample space for extra vehicles or your own personal basketball court. The property acreage includes a 40' wide parcel on the south side for additional expansion.... add a sunroom, detached garage/workshop, RV parking or plant a garden. Take the sidewalk shortcut to Austin Community Park just a short walk away.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47102, Austin, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,141 (100%)
Owner Occupied HU	1,881 (59.9%)
Renter Occupied HU	992 (31.6%)
Vacant Housing Units	268 ( 8.5%)
Median Home Value	$160,398
Average Home Value	$189,765