5974 Hill RdFountain CityIN47341
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fountain City at 5974 Hill Rd, Fountain City, IN, 47341 offers a 7.85% rental yield on a $625,000 purchase with $4,087/mo rent. Total monthly income registers $4,087/mo, and a $3,059/mo payment leaves $335/mo available for distribution. Annual cash flow reaches $4,023/yr on $205,625 to close, and return on cash invested stands at 22.02% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 113.88% and total cumulative return in cash at $234,157. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,087/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
5.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47341, Fountain City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 842 (100%) |
| Owner Occupied HU | 629 (74.7%) |
| Renter Occupied HU | 141 (16.7%) |
| Vacant Housing Units | 72 ( 8.6%) |
| Median Home Value | $223,311 |
| Average Home Value | $258,442 |
Housing Distribution
Address Breakdown
Residential
663
Single Family
650
Multi-Family
13
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danielle Klein • RE/MAX At The Crossing
Mls Name: RLMS
Mls ID: #10051553