6498 S 200 EMarklevilleIN46056
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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 Markleville at 6498 S 200 E, Markleville, IN, 46056 generates $1,320/mo in rent, after a $1,273/mo payment. Total monthly income is $1,320/mo. Return on cash invested sits at 16.55% in year one, and rental yield is 6.09% on a $259,999 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 84.6% and total cumulative return in cash sums $72,917. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1937
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46056, Markleville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,001 (100%) |
| Owner Occupied HU | 831 (83.0%) |
| Renter Occupied HU | 97 ( 9.7%) |
| Vacant Housing Units | 73 ( 7.3%) |
| Median Home Value | $266,589 |
| Average Home Value | $310,259 |
Housing Distribution
Address Breakdown
Residential
876
Single Family
876
Multi-Family
0
Businesses
34
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Listed by: Austin Cummings • CENTURY 21 Scheetz
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22075908