60 Dogwood DrHagerstownIN47346
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 Hagerstown at 60 Dogwood Dr, Hagerstown, IN, 47346 with 5% annual appreciation on a $359,900 basis while $2,658/mo rent supports operations. Total monthly income totals $2,658/mo and a $1,762/mo payment preserves $497/mo for cash returns. Annual cash flow comes to $5,965/yr on $119,307 deployed, and return on cash invested reaches 24.91% in year one. Equity gained on principal adds $2,322/yr, and five-year appreciation sums $99,434 alongside rental yield of 8.86%. Five-year ROI measures 129.44% and total cumulative return in cash totals $154,430.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,658/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
1.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47346, Hagerstown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,634 (100%) |
| Owner Occupied HU | 1,247 (76.3%) |
| Renter Occupied HU | 282 (17.3%) |
| Vacant Housing Units | 105 ( 6.4%) |
| Median Home Value | $229,688 |
| Average Home Value | $242,149 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,549
Multi-Family
27
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A