616 E Main StFarmersburgIN47850
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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 Farmersburg at 616 E Main St, Farmersburg, IN, 47850 earns from $1,481/mo rent with a $1,248/mo payment. Total monthly income totals $1,481/mo. ROI tracks 19.2% on current figures, and rental yield reads 6.97% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 98.84% and total cumulative return in cash sums $83,552. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,481/mo property income instead of your personal income.
Single Family
Built in 1956
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47850, Farmersburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,079 (100%) |
| Owner Occupied HU | 811 (75.2%) |
| Renter Occupied HU | 164 (15.2%) |
| Vacant Housing Units | 104 ( 9.6%) |
| Median Home Value | $122,969 |
| Average Home Value | $165,136 |
Housing Distribution
Address Breakdown
Residential
627
Single Family
627
Multi-Family
0
Businesses
50
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Listed by: JOHN HAMBLIN • REMAX R.E.A.
Mls Name: THAAR
Mls ID: #108192