606 Eaton StLibertyIN47353
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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
Rental property for sale in Liberty at 606 Eaton St, Liberty, IN, 47353 offers $1,201/mo rent that, after a $636/mo payment, leaves $421/mo cash flow. Total monthly income is $1,201/mo, and annual cash flow is $5,052/yr on $43,062 cash. Return on cash invested measures 31.64% in year one, and rental yield stands at 11.09% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 165.66% and total cumulative return in cash reaches $71,335. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,201/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47353, Liberty, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,506 (100%) |
| Owner Occupied HU | 1,657 (66.1%) |
| Renter Occupied HU | 597 (23.8%) |
| Vacant Housing Units | 252 (10.1%) |
| Median Home Value | $179,611 |
| Average Home Value | $210,107 |
Housing Distribution
Address Breakdown
Residential
2,383
Single Family
2,252
Multi-Family
131
Businesses
197
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