700 W 350 NSharpsvilleIN46068
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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 Sharpsville at 700 W 350 N, Sharpsville, IN, 46068 generates $1,974/mo in rent and, after a $1,566/mo payment, leaves $53/mo in cash flow. Total monthly income is $1,974/mo, and annual cash flow is $640/yr on $106,080 invested. Return on cash invested sits at 20.51% in year one, and rental yield is 7.4% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 105.86% and total cumulative return in cash sums $112,299. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,974/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46068, Sharpsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,055 (100%) |
| Owner Occupied HU | 890 (84.4%) |
| Renter Occupied HU | 91 ( 8.6%) |
| Vacant Housing Units | 74 ( 7.0%) |
| Median Home Value | $201,325 |
| Average Home Value | $216,837 |
Housing Distribution
Address Breakdown
Residential
904
Single Family
904
Multi-Family
0
Businesses
31
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Listed by: Dan Bragg • Berkshire Hathaway Home
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22061078