6 W South StPoseyvilleIN47633
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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 Poseyville at 6 W South St, Poseyville, IN, 47633 with 5% annual appreciation on a $195,000 basis while $1,456/mo rent supports operations. Total monthly income totals $1,456/mo and a $954/mo payment preserves $286/mo for cash returns. Annual cash flow comes to $3,430/yr on $64,643 deployed, and return on cash invested reaches 25.22% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 8.96%. Five-year ROI measures 131.06% and total cumulative return in cash totals $84,718.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,456/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47633, Poseyville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,086 (100%) |
| Owner Occupied HU | 815 (75.0%) |
| Renter Occupied HU | 168 (15.5%) |
| Vacant Housing Units | 103 ( 9.5%) |
| Median Home Value | $190,893 |
| Average Home Value | $245,356 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
915
Multi-Family
0
Businesses
65
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Listed by: Lauren Lagenour • Catanese Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516421
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.