6029 S Highway StBrookIN47922
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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 Brook at 6029 S Highway St, Brook, IN, 47922 offers a 6.31% rental yield on a $155,000 purchase with $815/mo rent. 2% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 88.19% and total cumulative return in cash at $45,316. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $815/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
2.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47922, Brook, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 626 (100%) |
| Owner Occupied HU | 453 (72.4%) |
| Renter Occupied HU | 115 (18.4%) |
| Vacant Housing Units | 58 ( 9.3%) |
| Median Home Value | $133,152 |
| Average Home Value | $176,788 |
Housing Distribution
Address Breakdown
Residential
421
Single Family
421
Multi-Family
0
Businesses
37
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