603 S East StKnoxIN46534
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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 Knox at 603 S East St, Knox, IN, 46534 earns $531/mo cash flow from $1,338/mo rent with a $658/mo payment. Total monthly income totals $1,338/mo, and annual cash flow totals $6,371/yr on $44,587 capital. ROI tracks 34.2% on current figures, and rental yield reads 11.94% at a $134,500 purchase. Equity gained on principal adds $868/yr, and 5% annual appreciation supports $37,160 over five years. Five-year ROI reaches 179.19% and total cumulative return in cash sums $79,896. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,338/mo property income instead of your personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46534, Knox, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,643 (100%) |
| Owner Occupied HU | 3,568 (63.2%) |
| Renter Occupied HU | 906 (16.1%) |
| Vacant Housing Units | 1,169 (20.7%) |
| Median Home Value | $184,604 |
| Average Home Value | $238,561 |
Housing Distribution
Address Breakdown
Residential
5,029
Single Family
4,940
Multi-Family
89
Businesses
335
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