608 E Walnut StCrothersvilleIN47229
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
Rental property for sale in Crothersville at 608 E Walnut St, Crothersville, IN, 47229 priced at $157,500 pairs $1,645/mo rent with $699/mo cash flow after a $771/mo payment. Total monthly income equals $1,645/mo, and annual cash flow comes to $8,393/yr on $52,211 invested. Return on cash invested is 35.98% in year one, and rental yield stands at 12.53% on a $157,500 basis. Equity gained on principal adds $1,016/yr, and 5% annual appreciation accumulates to $43,514 by year five. Five-year ROI measures 188.87% and total cumulative return in cash reaches $98,613. For financing, Ziffy Mortgage’s DSCR program evaluates $1,645/mo property income against a $771/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2019
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47229, Crothersville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,329 (100%) |
| Owner Occupied HU | 981 (73.8%) |
| Renter Occupied HU | 249 (18.7%) |
| Vacant Housing Units | 99 ( 7.4%) |
| Median Home Value | $206,437 |
| Average Home Value | $232,108 |
Housing Distribution
Address Breakdown
Residential
1,338
Single Family
1,307
Multi-Family
31
Businesses
78
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Listed by: N/A • N/A
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