5891 N Philomath RdBrownsvilleIN47325
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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 Brownsville at 5891 N Philomath Rd, Brownsville, IN, 47325 listed at $300,000 pairs $2,288/mo rent with a $1,468/mo payment to leave $488/mo cash flow. Total monthly income runs $2,288/mo, and annual cash flow reaches $5,850/yr on $99,450 cash to close. Return on cash invested measures 25.79% in year one, and rental yield registers 9.15% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 134.17% and total cumulative return in cash totals $133,428. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,288/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47325, Brownsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 314 (100%) |
| Owner Occupied HU | 232 (73.9%) |
| Renter Occupied HU | 38 (12.1%) |
| Vacant Housing Units | 44 (14.0%) |
| Median Home Value | $172,159 |
| Average Home Value | $211,918 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
252
Multi-Family
0
Businesses
2
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Listed by: Natalee Brock • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls ID: #10052727