696 S Tanglewood RdVersaillesIN47042
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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 Versailles at 696 S Tanglewood Rd, Versailles, IN, 47042 with 5% annual appreciation on a $179,900 basis while $1,283/mo rent supports operations. Total monthly income totals $1,283/mo and a $881/mo payment preserves $203/mo for cash returns. Annual cash flow comes to $2,431/yr on $59,637 deployed, and return on cash invested reaches 23.99% in year one. Equity gained on principal adds $1,161/yr, and five-year appreciation sums $49,703 alongside rental yield of 8.56%. Five-year ROI measures 124.47% and total cumulative return in cash totals $74,229.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,283/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
0.55 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
1,809
Single Family
1,661
Multi-Family
148
Businesses
173
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Listed by: Todd Bischoff • Bischoff Realty
Mls Name: SEIBR
Mls ID: #204817
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.