6850 E 500 NFalmouthIN46127
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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 Falmouth at 6850 E 500 N, Falmouth, IN, 46127 generates $2,350/mo in rent and, after a $1,657/mo payment, leaves $318/mo in cash flow. Total monthly income is $2,350/mo, and annual cash flow is $3,814/yr on $112,213 invested. Return on cash invested sits at 23.31% in year one, and rental yield is 8.33% on a $338,500 entry. Equity gained on principal adds $2,184/yr, while 5% annual appreciation builds toward $93,521 over five years. Five-year ROI reaches 120.81% and total cumulative return in cash sums $135,567. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,350/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
4.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46127, Falmouth, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 168 (100%) |
| Owner Occupied HU | 135 (80.4%) |
| Renter Occupied HU | 29 (17.3%) |
| Vacant Housing Units | 4 ( 2.4%) |
| Median Home Value | $222,368 |
| Average Home Value | $250,852 |
Housing Distribution
Address Breakdown
Residential
127
Single Family
127
Multi-Family
0
Businesses
6
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