609 E Saint Louis 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 609 E Saint Louis St, Knox, IN, 46534 with 5% annual appreciation on a $175,000 basis while $1,369/mo rent supports operations. Total monthly income totals $1,369/mo and a $857/mo payment preserves $265/mo for cash returns. Annual cash flow comes to $3,174/yr on $58,013 deployed, and return on cash invested reaches 25.38% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 9.39%. Five-year ROI measures 132.4% and total cumulative return in cash totals $76,807.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,369/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1954
0.50 Acres 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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Listed by: Jason Wampler • RE/MAX 1ST CHOICE REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438611
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.