6262 S Us Highway 421, Versailles, IN, 47042 | $377/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6262 S Us Highway 421, Versailles, IN, 47042 | $377/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Versailles at 6262 S Us Highway 421, Versailles, IN, 47042 uses $49,394 cash to close to unlock $4,522/yr annual cash flow and $377/mo monthly cash flow. Total monthly income runs $1,271/mo, and a $729/mo payment keeps the spread at $377/mo. Purchase price stands at $149,000, and rental yield measures 10.24% with $1,271/mo rent. Return on cash invested shows 29.06% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 151.7% and total cumulative return in cash records $74,932. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,271/mo property income covering a $729/mo payment rather than investor’s personal income.

Single Family

Built in 1900

N/A lot

$N/A/sqft

No HOA

More details about the property

Immaculate Ranch 2BR 1BA on 1Acre with carport and out bldg for mower and tools etc. Just out of Versailles. Has hook up for RV 30Amp with 110 outside.Home has several remodels. Kitchen updated and oversized bath. Also, has a new furnace and central air. New front door and screen door. All appliances stay. Plenty of room for out door entertaining, garden, nice patio for grilling. Must See priced to sale won't last.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47042, Versailles, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,997 (100%)
Owner Occupied HU	1,258 (63.0%)
Renter Occupied HU	542 (27.1%)
Vacant Housing Units	197 ( 9.9%)
Median Home Value	$192,586
Average Home Value	$228,027