6229 N 200 EPine VillageIN47975
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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
Rental property for sale in Pine Village at 6229 N 200 E, Pine Village, IN, 47975 generates $1,038/mo in rent, after a $2,276/mo payment. Total monthly income is $1,038/mo. Return on cash invested sits at 6.26% in year one, and rental yield is 2.68% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 29.4% and total cumulative return in cash sums $45,323. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,038/mo property income rather than buyer’s personal income.
Single Family
Built in 1918
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47975, Pine Village, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 334 (100%) |
| Owner Occupied HU | 251 (75.1%) |
| Renter Occupied HU | 37 (11.1%) |
| Vacant Housing Units | 46 (13.8%) |
| Median Home Value | $236,029 |
| Average Home Value | $257,908 |
Housing Distribution
Address Breakdown
Residential
209
Single Family
209
Multi-Family
0
Businesses
13
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Listed by: James C Tonnsen • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202547340
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.