6554 W Old National RdKnightstownIN46148
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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 Knightstown at 6554 W Old National Rd, Knightstown, IN, 46148 with 5% annual appreciation on a $253,800 basis while $2,216/mo rent supports operations. Total monthly income totals $2,216/mo and a $1,242/mo payment preserves $693/mo for cash returns. Annual cash flow comes to $8,313/yr on $84,135 deployed, and return on cash invested reaches 29.79% in year one. Equity gained on principal adds $1,638/yr, and five-year appreciation sums $70,120 alongside rental yield of 10.48%. Five-year ROI measures 155.6% and total cumulative return in cash totals $130,911.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,216/mo property income versus a $1,242/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46148, Knightstown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,206 (100%) |
| Owner Occupied HU | 1,559 (70.7%) |
| Renter Occupied HU | 458 (20.8%) |
| Vacant Housing Units | 189 ( 8.6%) |
| Median Home Value | $233,295 |
| Average Home Value | $261,750 |
Housing Distribution
Address Breakdown
Residential
2,056
Single Family
1,995
Multi-Family
61
Businesses
185
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