608 Essen StBrookIN47922
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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
Investment property for sale in Brook at 608 Essen St, Brook, IN, 47922 at $239,900 posts ROI 28.62% with $577/mo cash flow from $2,017/mo rent. Total monthly income equals $2,017/mo, and annual cash flow records $6,925/yr on $79,527 to close. Return on cash invested measures 28.62% and rental yield reads 10.09% at the current $239,900. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 by year five. Five-year ROI prints 149.36% and total cumulative return in cash totals $118,783.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,017/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
6,969 sqft 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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