642 Franklin AveBrookvilleIN47012
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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 Brookville at 642 Franklin Ave, Brookville, IN, 47012 with 5% annual appreciation on a $179,000 basis while $1,751/mo rent supports operations. Total monthly income totals $1,751/mo and a $876/mo payment preserves $677/mo for cash returns. Annual cash flow comes to $8,119/yr on $59,339 deployed, and return on cash invested reaches 33.59% in year one. Equity gained on principal adds $1,155/yr, and five-year appreciation sums $49,454 alongside rental yield of 11.74%. Five-year ROI measures 175.98% and total cumulative return in cash totals $104,427.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,751/mo property income versus a $876/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1890
3,781 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47012, Brookville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,598 (100%) |
| Owner Occupied HU | 3,236 (70.4%) |
| Renter Occupied HU | 882 (19.2%) |
| Vacant Housing Units | 480 (10.4%) |
| Median Home Value | $239,889 |
| Average Home Value | $302,078 |
Housing Distribution
Address Breakdown
Residential
4,204
Single Family
4,075
Multi-Family
129
Businesses
317
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Listed by: Brian Bauman • Lohmiller Real Estate
Mls Name: SEIBR
Mls ID: #205587